News stories about Wheeler Real Estate Investment Trust (NASDAQ:WHLR) have trended positive on Friday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wheeler Real Estate Investment Trust earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.1513338019903 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
NASDAQ:WHLR traded down $0.61 during mid-day trading on Friday, reaching $5.03. 161,200 shares of the company’s stock were exchanged, compared to its average volume of 126,770. Wheeler Real Estate Investment Trust has a one year low of $3.25 and a one year high of $12.30. The firm has a market cap of $59.11 million, a price-to-earnings ratio of 5.73 and a beta of 1.29. The company has a debt-to-equity ratio of 17.23, a quick ratio of 2.62 and a current ratio of 2.62.
Separately, ValuEngine raised shares of Wheeler Real Estate Investment Trust from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Wheeler Real Estate Investment Trust currently has an average rating of “Hold” and a consensus target price of $11.33.
Wheeler Real Estate Investment Trust Company Profile
Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc is a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Wheeler's portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers.
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