Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Stock Price Crosses Below 200-Day Moving Average of $0.32

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.32 and traded as low as $0.14. Wheeler Real Estate Investment Trust shares last traded at $0.14, with a volume of 239,048 shares traded.

Wheeler Real Estate Investment Trust Stock Performance

The firm has a market cap of $9.65 million, a price-to-earnings ratio of 0.00 and a beta of 1.68. The firm has a 50-day moving average price of $0.17 and a two-hundred day moving average price of $0.32.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Stilwell Value LLC boosted its position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) by 17,568.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,871,187 shares of the real estate investment trust’s stock after buying an additional 20,753,058 shares during the period. Wheeler Real Estate Investment Trust accounts for approximately 4.7% of Stilwell Value LLC’s portfolio, making the stock its 4th biggest holding. Stilwell Value LLC owned about 646.17% of Wheeler Real Estate Investment Trust worth $6,368,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 35.28% of the company’s stock.

Wheeler Real Estate Investment Trust Company Profile

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.