Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report)’s stock price fell 4.2% during trading on Thursday. The stock traded as low as $35.52 and last traded at $34.9650. 2,853 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 2,130 shares. The stock had previously closed at $36.50.
Wheeler Real Estate Investment Trust Stock Down 2.8%
The stock has a 50 day simple moving average of $35.68 and a two-hundred day simple moving average of $36.60.
About Wheeler Real Estate Investment Trust
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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