Equities researchers at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR - Get Free Report) in a research note issued to investors on Thursday. The firm set a "hold" rating on the real estate investment trust's stock.
A number of other brokerages have also recently commented on WSR. JMP Securities reaffirmed a "market outperform" rating and set a $16.00 target price on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial boosted their price objective on shares of Whitestone REIT from $15.00 to $16.00 and gave the company a "buy" rating in a research report on Tuesday, March 18th.
Get Our Latest Analysis on WSR
Whitestone REIT Stock Performance
NYSE:WSR traded down $0.19 on Thursday, hitting $14.32. The stock had a trading volume of 648,398 shares, compared to its average volume of 267,564. The business's 50-day simple moving average is $13.67 and its two-hundred day simple moving average is $13.90. The stock has a market cap of $728.56 million, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. Whitestone REIT has a 52-week low of $10.77 and a 52-week high of $15.36. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49.
About Whitestone REIT
(
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Whitestone REIT NYSE: WSR is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.
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