Wheeler Real Estate Investment Trust (NASDAQ:WHLRD) Trading 0.4% Higher – Time to Buy?

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRDGet Free Report) shares rose 0.4% on Thursday . The stock traded as high as $35.69 and last traded at $35.8250. Approximately 512 shares changed hands during trading, a decline of 79% from the average daily volume of 2,383 shares. The stock had previously closed at $35.68.

Wheeler Real Estate Investment Trust Stock Performance

The stock has a 50 day simple moving average of $37.00 and a two-hundred day simple moving average of $37.27.

Wheeler Real Estate Investment Trust Company Profile

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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.

Further Reading

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