Wheeler Real Estate Investment Trust (NASDAQ:WHLRL) Stock Price Down 11.5% – Here’s What Happened

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL)’s stock price fell 11.5% during mid-day trading on Wednesday . The company traded as low as $115.00 and last traded at $115.00. 1,000 shares were traded during mid-day trading, an increase of 77% from the average session volume of 565 shares. The stock had previously closed at $130.00.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Wheeler Real Estate Investment Trust has a consensus rating of “Sell”.

Wheeler Real Estate Investment Trust Trading Down 11.5%

The business has a fifty day moving average of $130.56 and a 200 day moving average of $153.10.

Wheeler Real Estate Investment Trust Company Profile

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.