Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) does about 3.62M shares in volume on a normal day but saw 15631296 shares change hands in the recent trading day. The company now has a market cap of 13.74M USD. Its current market price is $7.35, marking an increase of 35.36% compared to the previous close of $5.43. The 52 week high reached by this stock is $547.20 whilst the lowest price level in 52 weeks is $0.97.
Wheeler Real Estate Investment Trust Inc (WHLR) has a 20-day trading average at $3.73 and the current price is -98.66% off the 52-week high compared with 661.26% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.71 and its 200-day simple moving average is $18.01. If we look at the stock’s price movements over the week, volatility stands at 47.07%, which increases to 55.21% 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 58.27 to suggest the stock is neutral.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential downside of -47.0% 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 110.27%, 25.28%, and -59.60% away from its SMA20, SMA50, and SMA200 respectively, with the WHLR price moving below the 50-day SMA on current market day. Wheeler Real Estate Investment Trust Inc (WHLR) stock is up 10.53% over the week and 174.25% over the past month. Its price is -79.92% year-to-date and -98.30% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to shrink -47.0 percent from here.
Outstanding shares total 1.87M with insiders holding 0.03% of the shares and institutional holders owning 20.01% of the company’s common stock. The company has a return on investment of -6.39% and return on equity of -15.64%. The beta has a value of 1.10. Price to sales ratio is 0.13.
