Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $98.64 and traded as low as $3.16. Wheeler Real Estate Investment Trust shares last traded at $3.45, with a volume of 191,684 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com upgraded Wheeler Real Estate Investment Trust from a “sell” rating to a “hold” rating in a research note on Thursday, March 6th.

View Our Latest Stock Report on WHLR

Wheeler Real Estate Investment Trust Stock Performance

The company’s 50-day moving average price is $14.18 and its 200-day moving average price is $97.64. The firm has a market capitalization of $710,650.00, a PE ratio of 0.00 and a beta of 1.90.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRGet Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The real estate investment trust reported $92.30 EPS for the quarter. The company had revenue of $27.59 million during the quarter.

Wheeler Real Estate Investment Trust Company Profile

(Get Free Report)

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.

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