Power REIT (AMEX: PW)’s stock price has dropped by -12.15 in relation to previous closing price of 0.50. Nevertheless, the company has seen a loss of -14.55% in its stock price over the last five trading days. Seeking Alpha reported 2023-10-30 that REITs averaged a -7.14% total return in September and have fallen into the red year to date. Small cap REITs (-6.51%) outperformed yet again in September. Micro caps (-10.45%) continue to severely underperform their larger REIT peers. Only 9.74% of REIT securities had a positive total return in September with 34.38% in the black year to date.
Is It Worth Investing in Power REIT (AMEX: PW) Right Now?
The 36-month beta value for PW is also noteworthy at 1.11. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PW is 2.78M, and at present, short sellers hold a 0.11% of that float. The average trading volume of PW on April 29, 2024 was 18.72K shares.
PW’s Market Performance
The stock of Power REIT (PW) has seen a -14.55% decrease in the past week, with a -43.80% drop in the past month, and a -29.31% fall in the past quarter. The volatility ratio for the week is 10.73%, and the volatility levels for the past 30 days are at 10.43% for PW. The simple moving average for the past 20 days is -19.75% for PW’s stock, with a -48.43% simple moving average for the past 200 days.
PW Trading at -27.17% from the 50-Day Moving Average
After a stumble in the market that brought PW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.42% of loss for the given period.
Volatility was left at 10.43%, however, over the last 30 days, the volatility rate increased by 10.73%, as shares sank -42.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.85% lower at present.
During the last 5 trading sessions, PW fell by -14.55%, which changed the moving average for the period of 200-days by -70.75% in comparison to the 20-day moving average, which settled at $0.5269. In addition, Power REIT saw -32.92% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PW
Current profitability levels for the company are sitting at:
- -0.84 for the present operating margin
- -0.26 for the gross margin
The net margin for Power REIT stands at -6.23. The total capital return value is set at -0.04. Equity return is now at value -38.30, with -18.37 for asset returns.
Based on Power REIT (PW), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is -0.73.
Currently, EBITDA for the company is -1.83 million with net debt to EBITDA at -17.24. When we switch over and look at the enterprise to sales, we see a ratio of 14.04. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.03.
Conclusion
In summary, Power REIT (PW) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
