Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.76 and traded as low as $4.50. Wheeler Real Estate Investment Trust shares last traded at $4.62, with a volume of 73,690 shares changing hands.

Wheeler Real Estate Investment Trust Price Performance

The firm’s 50-day moving average price is $13.89 and its 200-day moving average price is $23.76. The stock has a market cap of $739,200.00, a P/E ratio of 0.00 and a beta of 1.51.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last announced its quarterly earnings results on Thursday, November 7th. The real estate investment trust reported ($367.96) earnings per share (EPS) for the quarter. The business had revenue of $24.79 million for the quarter.

About Wheeler Real Estate Investment Trust

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.