Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.22 and traded as low as $1.40. Wheeler Real Estate Investment Trust shares last traded at $1.40, with a volume of 9,132 shares trading hands.
Wheeler Real Estate Investment Trust Price Performance
The firm has a market cap of $13.71 million, a P/E ratio of -0.80 and a beta of 2.49. The stock’s 50 day moving average is $2.12 and its two-hundred day moving average is $2.22.
Insiders Place Their Bets
In other Wheeler Real Estate Investment Trust news, Director Kerry G. Campbell sold 20,110 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of $2.02, for a total transaction of $40,622.20. Following the sale, the director now directly owns 79,890 shares of the company’s stock, valued at $161,377.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 40.62% of the company’s stock.
Institutional Trading of Wheeler Real Estate Investment Trust
About Wheeler Real Estate Investment Trust
Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLR ) is a fully integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.
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