Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD – Get Free Report) shot up 0.4% during mid-day trading on Thursday . The company traded as high as $35.69 and last traded at $35.8250. 512 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 2,383 shares. The stock had previously closed at $35.68.
Wheeler Real Estate Investment Trust Trading Up 0.4%
The firm’s 50-day moving average price is $37.02 and its two-hundred day moving average price is $37.28.
Wheeler Real Estate Investment Trust Company Profile
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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