Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR) Stock: Does It Mean Opportunity?

In the last trading session, 15.63 million shares of the Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) were traded, and its beta was 1.10. Most recently the company’s share price was $7.35, and it changed around $1.92 or 35.36% from the last close, which brings the market valuation of the company to $13.74M. WHLR currently trades at a discount to its 52-week high of $547.20, offering almost -7344.9% off that amount. The share price’s 52-week low was $0.97, which indicates that the current value has risen by an impressive 86.8% since then. We note from Wheeler Real Estate Investment Trust Inc’s average daily trading volume that its 10-day average is 23.26 million shares, with the 3-month average coming to 3.62 million.

Wheeler Real Estate Investment Trust Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended WHLR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Wheeler Real Estate Investment Trust Inc is expected to report earnings per share of 0 for the current quarter.

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Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) trade information

Instantly WHLR has showed a green trend with a performance of 35.36% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.90 on recent trading dayincreased the stock’s daily price by 25.76%. The company’s shares are currently down -79.92% year-to-date, but still up 10.53% over the last five days. On the other hand, Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) is 174.25% up in the 30-day period. We can see from the shorts that 0.31 million shares have been sold at a short interest cover period of 0.82 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32.52%.

WHLR Dividends

Wheeler Real Estate Investment Trust Inc’s next quarterly earnings report is expected to be released in October. The average dividend yield for the past five years averaged 14.85 per year.

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.03% of Wheeler Real Estate Investment Trust Inc shares, and 20.01% of them are in the hands of institutional investors. The stock currently has a share float of 20.01%.