Power REIT (AMEX:PW) does about 849.91K shares in volume on a normal day but saw 151714 shares change hands in the recent trading day. The company now has a market cap of 4.27M USD. Its current market price is $1.26, marking an increase of 1.61% compared to the previous close of $1.24. The 52 week high reached by this stock is $2.75 whilst the lowest price level in 52 weeks is $0.40.
Power REIT (PW) has a 20-day trading average at $1.4135 and the current price is -54.18% off the 52-week high compared with 214.69% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2356 and its 200-day simple moving average is $1.0032. If we look at the stock’s price movements over the week, volatility stands at 10.36%, which increases to 17.74% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.43 to suggest the stock is neutral.
The consensus objective for the share price is $44.00, suggesting that the stock has a potential upside of 97.14% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is -11.02%, 1.89%, and 25.56% away from its SMA20, SMA50, and SMA200 respectively, with the PW price moving below the 50-day SMA on current market day. Power REIT (PW) stock is up 15.93% over the week and 24.76% over the past month. Its price is 101.63% year-to-date and 121.04% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 97.14 percent from here.
Outstanding shares total 3.39M with insiders holding 18.12% of the shares and institutional holders owning 7.57% of the company’s common stock. The company has a return on investment of -80.54% and return on equity of -110.87%. The beta has a value of 1.30. Price to book ratio is 3.33 and price to sales ratio is 1.36.
