Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report)’s share price traded down 5.5% during trading on Friday. The company traded as low as $35.80 and last traded at $33.8460. 103 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 2,052 shares. The stock had previously closed at $35.80.
Wheeler Real Estate Investment Trust Stock Performance
The stock’s 50 day simple moving average is $35.45 and its 200 day simple moving average is $36.44.
Wheeler Real Estate Investment Trust Company Profile
Wheeler Real Estate Investment Trust, Inc is a real estate investment trust focused primarily on owning and operating grocery-anchored and other necessity-based retail properties. Its properties generally serve local communities and are leased to grocery stores, pharmacies, restaurants, service providers and other retail businesses.
The company has historically concentrated on shopping centers in the southeastern and mid-Atlantic regions of the United States. Its business activities include acquiring, leasing, managing and redeveloping neighborhood retail centers, with an emphasis on properties supported by daily-needs retailers and established tenant relationships.
Wheeler Real Estate Investment Trust was founded in 2012 and is headquartered in Virginia Beach, Virginia.
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