Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Shares Pass Below 200-Day Moving Average – Here’s Why

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.64 and traded as low as $2.20. Wheeler Real Estate Investment Trust shares last traded at $2.26, with a volume of 645,572 shares trading hands.

Wheeler Real Estate Investment Trust Trading Down 4.2 %

The firm has a market capitalization of $1.47 million, a PE ratio of -0.01 and a beta of 1.54. The firm’s fifty day moving average price is $4.88 and its 200 day moving average price is $6.64.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRGet Free Report) last posted its quarterly earnings results on Thursday, November 7th. The real estate investment trust reported ($91.99) EPS for the quarter. The business had revenue of $24.79 million for the quarter.

About Wheeler Real Estate Investment Trust

(Get Free Report)

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.

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