Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Share Price Passes Above 50 Day Moving Average of $3.48
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.48 and traded as high as $4.36. Wheeler Real Estate Investment Trust shares last traded at $4.27, with a volume of 109,245 shares traded.
The business’s 50-day moving average price is $3.50 and its 200-day moving average price is $3.13. The firm has a market capitalization of $40.27 million, a PE ratio of -2.24 and a beta of 3.40.
In related news, Director Kerry G. Campbell purchased 28,000 shares of Wheeler Real Estate Investment Trust stock in a transaction dated Monday, March 22nd. The stock was acquired at an average cost of $3.31 per share, with a total value of $92,680.00. Following the completion of the transaction, the director now directly owns 100,000 shares of the company’s stock, valued at $331,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew R. Jones sold 36,108 shares of the stock in a transaction that occurred on Wednesday, March 31st. The stock was sold at an average price of $3.51, for a total transaction of $126,739.08. Insiders sold 48,572 shares of company stock valued at $169,810 over the last three months. 24.70% of the stock is owned by insiders.
Wheeler Real Estate Investment Trust Company Profile (NASDAQ:WHLR)
Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLR ) 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.
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