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Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) has been downgraded to D in a statement by TheStreet earlier today.

Having a price of $8.51, Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) traded 0.11% higher on the day. With the last stock price down -15.13% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. WHLR has recorded a 50-day average of $11.01 and a two hundred day average of $10.79. Trade Volume was down over the average, with 41,450 shares of WHLR changing hands under the typical 69,355

TheStreet has downgraded Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) to D in a statement released on 5/23/2017.

Recent Performance Chart

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)

Wheeler Real Estate Investment Trust Inc has with a one year low of $7.95 and a one year high of $14.64 and has a market capitalization of $0.

A total of 3 brokerages have issued a ratings update on Wheeler Real Estate Investment Trust Inc. One brokerage rating the company a strong buy, two brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $2.50.

General Company Details For Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)

Wheeler Real Estate Investment Trust, Inc. is a self-managed commercial real estate investment company. The Company focuses on acquiring and managing retail properties with a primary focus on grocery-anchored centers. As of December 31, 2016, the Company owned a portfolio consisting of 74 properties, including 59 retail shopping centers and five freestanding retail properties totaling 4,906,511 gross leasable square feet of which approximately 94% were leased, one office property, eight undeveloped land parcels totaling approximately 70 acres and one redevelopment project. Its properties are located in Virginia, North Carolina, South Carolina, Florida, Georgia, Kentucky, Oklahoma, Tennessee, Alabama, New Jersey, Pennsylvania and West Virginia. Its properties include Alex City Marketplace, Berkley Shopping Center, Clover Plaza, Darien Shopping Center, Cypress Shopping Center, Harrodsburg Marketplace, LaGrange Marketplace, Riverbridge Shopping Center and Village of Martinsville.

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