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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.20 and traded as low as $4.23. Wheeler Real Estate Investment Trust shares last traded at $4.24, with a volume of 350,047 shares changing hands.

Wheeler Real Estate Investment Trust Stock Down 11.7 %

The stock has a market cap of $2.74 million, a P/E ratio of -0.01 and a beta of 1.43. The stock has a fifty day simple moving average of $8.20 and a 200-day simple moving average of $8.20.

Wheeler Real Estate Investment Trust Company Profile

(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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