Wheeler Real Estate Investment Trust (WHLR) Hits New 1-Year Low at $3.12
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.
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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