Wheeler Real Estate Investment Trust (NASDAQ:WHLR) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of Wheeler Real Estate Investment Trust (NASDAQ:WHLRFree Report) from a sell rating to a hold rating in a research report released on Thursday.

Wheeler Real Estate Investment Trust Trading Down 21.1 %

Shares of NASDAQ WHLR opened at $1.05 on Thursday. Wheeler Real Estate Investment Trust has a 12-month low of $1.03 and a 12-month high of $717.60. The firm’s 50-day moving average price is $7.46 and its 200-day moving average price is $21.63. The stock has a market capitalization of $1.22 million, a price-to-earnings ratio of 0.00 and a beta of 1.51.

Wheeler Real Estate Investment Trust (NASDAQ:WHLRGet Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The real estate investment trust reported $18.46 earnings per share (EPS) for the quarter. The company had revenue of $27.59 million for the quarter.

About Wheeler Real Estate Investment Trust

(Get Free Report)

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.

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