Wheeler Real Estate Investment Trust Inc [NASDAQ: WHLR] gained 36.19% or 0.38 points to close at $1.43 with a heavy trading volume of 21376922 shares.
The daily chart for WHLR points out that the company has recorded -94.22% loss over the past six months.
If we look at the average trading volume of 891.58K shares, WHLR reached to a volume of 21376922 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Wheeler Real Estate Investment Trust Inc [WHLR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WHLR shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WHLR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley FBR Inc. have made an estimate for Wheeler Real Estate Investment Trust Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 20, 2018. While these analysts kept the previous recommendation, B. Riley FBR Inc. raised their target price to Buy. The new note on the price target was released on January 17, 2018, representing the official price target for Wheeler Real Estate Investment Trust Inc stock.
The Average True Range (ATR) for Wheeler Real Estate Investment Trust Inc is set at 0.94, with the Price to Sales ratio for WHLR stock in the period of the last 12 months amounting to 0.04. Price to Free Cash Flow for WHLR in the course of the last twelve months was 1.22.
Trading performance analysis for WHLR stock
Wheeler Real Estate Investment Trust Inc [WHLR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -45.42. With this latest performance, WHLR shares dropped by -74.00% in over the last four-week period, additionally sinking by -94.22% over the last 6 months – not to mention a drop of -99.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WHLR stock in for the last two-week period is set at 21.56, with the RSI for the last a single of trading hit 21.53, and the three-weeks RSI is set at 26.28 for Wheeler Real Estate Investment Trust Inc [WHLR]. The present Moving Average for the last 50 days of trading for this stock 7.3659, while it was recorded at 1.5040 for the last single week of trading, and 106.1836 for the last 200 days.
