Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) shares, rose in value, with the stock price down by -22.18% to the previous day’s close as strong demand from buyers drove the stock to $1.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.33. Referring to stock’s 52-week performance, its high was $717.60, and the low was $1.21. On the whole, WHLR has fluctuated by -82.55% over the past month.
With the market capitalization of Wheeler Real Estate Investment Trust Inc currently standing at about $1.21 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WHLR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of WHLR currently trading nearly -68.22% and -86.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 15.97, while the 7-day volatility ratio is showing 53.75% which for the 30-day chart, stands at 24.46%. Furthermore, Wheeler Real Estate Investment Trust Inc (WHLR)’s beta value is 1.70, and its average true range (ATR) is 0.97.
A comparison of Wheeler Real Estate Investment Trust Inc (WHLR) with its peers suggests the former has fared considerably weaker in the market. WHLR showed an intraday change of -22.18% in today’s session so far, and over the past year, it shrunk by -99.80%%. In comparison, Annaly Capital Management Inc. (NLY) has moved higher at 1.31%% today and is up 10.55% over the past 12 months.
Data on historical trading for Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) indicates that the trading volumes over the past 3 months, they’ve averaged 869.06K. According to company’s latest data on outstanding shares, there are 1.17 million shares outstanding.
Nearly 0.00% of Wheeler Real Estate Investment Trust Inc’s shares belong to company insiders and institutional investors own 4.65% of the company’s shares. The stock has fallen by -92.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WHLR stock heading into the next quarter.
