Overall market sentiment has been high on Wheeler Real Estate Investment Trust Inc (WHLR) stock lately. WHLR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With WHLR Stock Today?
Wheeler Real Estate Investment Trust Inc (WHLR) stock is trading at $2.94 as of 3:44 PM on Thursday, Aug 20, a gain of $0.22, or 8.09% from the previous closing price of $2.72. The stock has traded between $2.62 and $3.42 so far today. Volume today is high. So far 141,402 shares have traded compared to average volume of 29,981 shares.
More About Wheeler Real Estate Investment Trust Inc
Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. The company acquires, finances, develops, leases, owns and manages income producing properties. It primarily invests in strip shopping centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Winslow Plaza in Sicklerville, New Jersey and many more. Geographically, it operates through the market of United States and derives revenue from source of rental, tenant reimbursements and commissions.