Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report) shares were down 1.8% during trading on Tuesday . The company traded as low as $37.06 and last traded at $36.4040. Approximately 1,000 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 3,605 shares. The stock had previously closed at $37.06.
Wheeler Real Estate Investment Trust Stock Performance
The firm has a 50 day simple moving average of $38.25 and a 200-day simple moving average of $36.98.
Wheeler Real Estate Investment Trust Company Profile
Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRD) is a real estate investment trust that specializes in the acquisition, ownership and management of single-tenant retail properties under long-term net leases. The company focuses on properties designed to generate stable, predictable income streams by transferring most property-level expenses—including taxes, insurance and maintenance—to its tenants.
The Trust’s portfolio comprises over 200 retail assets leased to a diversified mix of grocery stores, pharmacies, convenience concepts, fitness centers and other service-oriented operators.
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