Wheeler Real Estate Investment Trust (NASDAQ:WHLRD) Shares Down 1.2% – What’s Next?

Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRDGet Free Report) fell 1.2% during mid-day trading on Tuesday . The company traded as low as $37.69 and last traded at $37.69. 2,921 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 3,702 shares. The stock had previously closed at $38.14.

Wheeler Real Estate Investment Trust Trading Down 1.2%

The company’s 50 day simple moving average is $37.23 and its 200-day simple moving average is $36.09.

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.

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