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

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $85.99 and traded as low as $1.48. Wheeler Real Estate Investment Trust shares last traded at $1.61, with a volume of 748,814 shares changing hands.

Analyst Ratings Changes

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

Wheeler Real Estate Investment Trust Stock Down 5.4 %

The company has a market cap of $326,200.00, a P/E ratio of 0.00 and a beta of 1.90. The business has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $84.82.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last issued its quarterly earnings results on Tuesday, March 4th. The real estate investment trust reported $92.30 earnings per share for the quarter. The business had revenue of $27.59 million for the quarter.

About Wheeler Real Estate Investment Trust

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.