Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report) were down 5.5% during mid-day trading on Friday. The stock traded as low as $35.80 and last traded at $33.8460. Approximately 103 shares traded hands during trading, a decline of 95% from the average session volume of 2,052 shares. The stock had previously closed at $35.80.
Wheeler Real Estate Investment Trust Price Performance
The firm has a 50 day moving average price of $35.45 and a two-hundred day moving average price of $36.44.
Wheeler Real Estate Investment Trust Company Profile
Wheeler Real Estate Investment Trust, Inc is a real estate investment trust focused primarily on owning and operating grocery-anchored and other necessity-based retail properties. Its properties generally serve local communities and are leased to grocery stores, pharmacies, restaurants, service providers and other retail businesses.
The company has historically concentrated on shopping centers in the southeastern and mid-Atlantic regions of the United States. Its business activities include acquiring, leasing, managing and redeveloping neighborhood retail centers, with an emphasis on properties supported by daily-needs retailers and established tenant relationships.
Wheeler Real Estate Investment Trust was founded in 2012 and is headquartered in Virginia Beach, Virginia.
Further Reading
- Five stocks we like better than Wheeler Real Estate Investment Trust
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Wheeler Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheeler Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
