Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR)’s stock price has gone rise by 12.01 in comparison to its previous close of 0.13, however, the company has experienced a -10.29% decrease in its stock price over the last five trading days. Seeking Alpha reported 2023-12-28 that The REIT sector averaged a +9.50% total return in November, but remains in negative territory year to date (-2.27%). Large cap REITs (+11.54%) outperformed again in November. Micro caps (+3.30%) finally had a month in the black, but continue to badly underperform their larger peers. 90.2% of REIT securities had a positive total return in November, but only 42.5% are in the black year to date.
Is It Worth Investing in Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR) Right Now?
The 36-month beta value for WHLR is also noteworthy at 1.59. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for WHLR is 64.93M, and at present, short sellers hold a 0.14% of that float. The average trading volume of WHLR on April 22, 2024 was 439.90K shares.
WHLR’s Market Performance
WHLR stock saw a decrease of -10.29% in the past week, with a monthly decline of -15.24% and a quarterly a decrease of -30.73%. The volatility ratio for the week is 12.84%, and the volatility levels for the last 30 days are 11.13% for Wheeler Real Estate Investment Trust Inc (WHLR). The simple moving average for the past 20 days is -4.47% for WHLR’s stock, with a -91.73% simple moving average for the past 200 days.
Analysts’ Opinion of WHLR
Many brokerage firms have already submitted their reports for WHLR stocks, with B. Riley FBR Inc. repeating the rating for WHLR by listing it as a “Buy.” The predicted price for WHLR in the upcoming period, according to B. Riley FBR Inc. is $9 based on the research report published on February 20, 2018 of the previous year 2018.
B. Riley FBR Inc., on the other hand, stated in their research note that they expect to see WHLR reach a price target of $13. The rating they have provided for WHLR stocks is “Buy” according to the report published on January 17th, 2018.
WHLR Trading at -12.86% from the 50-Day Moving Average
After a stumble in the market that brought WHLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.93% of loss for the given period.
Volatility was left at 11.13%, however, over the last 30 days, the volatility rate increased by 12.84%, as shares sank -12.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.34% lower at present.
During the last 5 trading sessions, WHLR fell by -10.29%, which changed the moving average for the period of 200-days by -97.49% in comparison to the 20-day moving average, which settled at $0.1533. In addition, Wheeler Real Estate Investment Trust Inc saw -51.69% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WHLR starting from STILWELL JOSEPH, who purchase 200,000 shares at the price of $0.28 back on Dec 21 ’23. After this action, STILWELL JOSEPH now owns 15,179,309 shares of Wheeler Real Estate Investment Trust Inc, valued at $56,940 using the latest closing price.
STILWELL JOSEPH, the Director of Wheeler Real Estate Investment Trust Inc, purchase 319,238 shares at $0.28 during a trade that took place back on Dec 20 ’23, which means that STILWELL JOSEPH is holding 15,041,309 shares at $90,951 based on the most recent closing price.
Stock Fundamentals for WHLR
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.59 for the gross margin
The net margin for Wheeler Real Estate Investment Trust Inc stands at -0.24. The total capital return value is set at 0.06. Equity return is now at value -5.79, with -0.69 for asset returns.
Based on Wheeler Real Estate Investment Trust Inc (WHLR), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 6.33. The interest coverage ratio of the stock is 2.71.
Currently, EBITDA for the company is 59.16 million with net debt to EBITDA at 30.85. When we switch over and look at the enterprise to sales, we see a ratio of 4.48. The receivables turnover for the company is 7.8for trailing twelve months and the total asset turnover is 0.15.
Conclusion
In summary, Wheeler Real Estate Investment Trust Inc (WHLR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.