After grabbing 0.29 million shares, the institutional investor is now in possession of 0.29 million shares of the Real Estate Company. The new investment brought the stake of investor firm to 29.44% having worth around $0.18 million. Moreover, Renaissance Technologies LLC increased its share by 15706.0 to have a control over 25841.0 shares. And Tower Research Capital LLC raised its holdings to 1039.0 shares by acquiring 1317.0 shares or 0.13% of the stake.
Wheeler Real Estate Investment Trust Inc (WHLR) concluded trading on 12/13/23 at a closing price of $0.28, with 4.19 million shares of worth about $1.17 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -94.77% during that period and on Wednesday the price saw a loss of about -21.17%. Currently the company’s common shares owned by public are about 53.77M shares, out of which, 33.40M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the WHLR stock and their offered price forecasts bring an average price target of $50.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $50.00 and could fall to a lowest price of $50.00. The stock’s current price level is 94.4% above of average price target set by the analysts, while a rise to estimated low would result in gain of 99.44% for the stock. However, touching the estimated high of $50.00 would mean a gain of 99.44% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 1 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 1 selling transactions, insiders dumped 3,000 shares.
Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Nasdaq Composite Index F are the top 3 mutual funds which are holding stakes in Wheeler Real Estate Investment Trust Inc Vanguard Extended Market Index Fu is currently holding 12815.0 shares of worth totaling $8099.0. The company recently came buying 0.0 shares which brought its stake up to 1.31% of the company’s outstanding shares. Fidelity Nasdaq Composite Index F, after buying 1563.0 shares, have now control over 0.16% of the stake in the company. It holds 0.0 shares of worth $988.0.
Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR) started trading at $0.29, below -$0.06 from concluding price of the previous day. However, the stock later moved at a day high price of 0.2960, or with a loss of -21.17%. Stock saw a price change of -25.13% in past 5 days and over the past one month there was a price change of 30.57%. Year-to-date (YTD), WHLR shares are showing a performance of -98.02% which decreased to -98.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.16 but also hit the highest price of $19.01 during that period. The average intraday trading volume for Wheeler Real Estate Investment Trust Inc shares is 5.99 million. The stock is currently trading -7.72% below its 20-day simple moving average (SMA20), while that difference is down -60.03% for SMA50 and it goes to -95.66% lower than SMA200.
Steamboat Capital Partners LLC acquired 0.29 million shares of Wheeler Real Estate Investment Trust Inc having value of about $0.18 million. Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR) currently have 53.77M outstanding shares and institutions hold larger chunk of about 1.12% of that. Holding of mutual funds in the company is about 2,131.33% while other institutional holders and individual stake holders have control over 59.23% and 2.07% of the stake respectively.
The stock has a current market capitalization of $14.84M and its 3Y-monthly beta is at 2.13. It has posted earnings per share of -$48.42 in the same period. It has a debt-to-equity ratio of 8.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WHLR, volatility over the week remained 19.45% while standing at 29.04% over the month.
Analysts are in expectations that Wheeler Real Estate Investment Trust Inc (WHLR) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same.
Analysts at 1 brokerage firms have issued recommendations for the Wheeler Real Estate Investment Trust Inc (WHLR)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley FBR Inc. on February 20, 2018 offering a Buy rating for the stock and assigned a target price range of between $13 and $9 to it.
