Shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) hit a new 52-week low during trading on Tuesday . The company traded as low as $3.12 and last traded at $3.26, with a volume of 101 shares changing hands. The stock had previously closed at $3.27.

Separately, ValuEngine downgraded Wheeler Real Estate Investment Trust from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 25th.

The company has a quick ratio of 2.50, a current ratio of 2.50 and a debt-to-equity ratio of 20.10. The stock has a market cap of $30.91 million, a P/E ratio of 4.25 and a beta of 1.51.

A hedge fund recently raised its stake in Wheeler Real Estate Investment Trust stock. Stilwell Value LLC lifted its holdings in shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) by 3.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 882,099 shares of the real estate investment trust’s stock after acquiring an additional 32,116 shares during the quarter. Wheeler Real Estate Investment Trust accounts for about 3.2% of Stilwell Value LLC’s holdings, making the stock its 11th largest position. Stilwell Value LLC owned about 9.40% of Wheeler Real Estate Investment Trust worth $3,775,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 22.40% of the company’s stock.

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About Wheeler Real Estate Investment Trust (NASDAQ:WHLR)

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc is a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Wheeler's portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers.

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