Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report) dropped 0.4% during trading on Tuesday . The stock traded as low as $35.04 and last traded at $35.86. 1,956 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 2,521 shares. The stock had previously closed at $36.00.
Wheeler Real Estate Investment Trust Price Performance
The company’s 50-day moving average price is $36.90 and its 200 day moving average price is $37.55.
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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