Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) does about 259.28K shares in volume on a normal day but saw 398961 shares change hands in the recent trading day. The company now has a market cap of 0.60M USD. Its current market price is $1.05, marking a decrease of -10.26% compared to the previous close of $1.17. The 52 week high reached by this stock is $1130.40 whilst the lowest price level in 52 weeks is $1.02.
Wheeler Real Estate Investment Trust Inc (WHLR) has a 20-day trading average at $2.3975 and the current price is -99.91% off the 52-week high compared with 2.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.7911 and its 200-day simple moving average is $19.0952. If we look at the stock’s price movements over the week, volatility stands at 27.81%, which decreases to 25.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 24.69 to suggest the stock is oversold.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential upside of 79.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 20, 2018 when B. Riley FBR Inc. reiterated the stock to “Buy” and issued a price target of between $13 and $9.
The current price level is -58.65%, -86.95%, and -94.54% away from its SMA20, SMA50, and SMA200 respectively, with the WHLR price moving above the 50-day SMA on current market day. Wheeler Real Estate Investment Trust Inc (WHLR) stock is down -56.25% over the week and -75.35% over the past month. Its price is -97.13% year-to-date and -99.77% over the past year.
To reach the target analysts have set, the stock logically needs to grow 79.0 percent from here.
The company has a return on investment of -6.39% and return on equity of -15.64%. The beta has a value of 1.58. Price to sales ratio is 0.01.
