Wheeler Real Estate Investment Trust (NASDAQ:WHLRD) Trading 0.2% Higher – Here’s What Happened

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRDGet Free Report)’s share price rose 0.2% during mid-day trading on Thursday . The stock traded as high as $36.00 and last traded at $36.0540. Approximately 304 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 2,258 shares. The stock had previously closed at $36.00.

Wheeler Real Estate Investment Trust Stock Performance

The business has a 50 day simple moving average of $36.14 and a 200-day simple moving average of $36.89.

Wheeler Real Estate Investment Trust Company Profile

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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.

Further Reading

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