Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report) fell 4.4% on Wednesday . The company traded as low as $36.20 and last traded at $36.0850. 4,951 shares traded hands during mid-day trading, an increase of 103% from the average session volume of 2,441 shares. The stock had previously closed at $37.75.
Wheeler Real Estate Investment Trust Trading Down 4.4%
The firm has a 50-day moving average of $37.49 and a 200-day moving average of $37.58.
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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