Following A 88.03% Weekly Incline, Is It Still A Buy For Power REIT (AMEX: PW)?

Power REIT (AMEX:PW)’s traded shares stood at 7.07 million during the last session, with the company’s beta value hitting 1.29. At the close of trading, the stock’s price was $2.20, to imply an increase of 51.72% or $0.75 in intraday trading. The PW share’s 52-week high remains $2.75, putting it -25.0% down since that peak but still an impressive 81.82% since price per share fell to its 52-week low of $0.40. The company has a valuation of $7.46M, with an average of 0.16 million shares in intraday trading volume over the past 10 days and average of 647.62K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Power REIT (PW), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give PW a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy.

Power REIT (AMEX:PW) trade information

After registering a 51.72% upside in the last session, Power REIT (PW) has traded red over the past five days. The 5-day price performance for the stock is 88.03%, and 100.00% over 30 days. With these gigs, the year-to-date price performance is 238.62%. Short interest in Power REIT (AMEX:PW) saw shorts transact 0.12 million shares and set a 1.38 days time to cover.

PW Dividends

Power REIT has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 4.08%.

Power REIT (AMEX:PW)’s Major holders

Power REIT insiders hold 18.12% of total outstanding shares, with institutional holders owning 12.98% of the shares at 15.85% float percentage. In total, 12.98% institutions holds shares in the company, led by PENSIONFUND DSM NETHERLANDS. As of 2024-06-30, the company held over 78526.0 shares (or 2.3166% of shares), all amounting to roughly $71000.0.

The next major institution holding the largest number of shares is RENAISSANCE TECHNOLOGIES LLC with 57596.0 shares, or about 1.6992% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $51825.0.