Two Harbors Investment Stock Falls On Unusually High Volume (TWO)

NEW YORK (TheStreet) -- Two Harbors Investment (NYSE:TWO) is trading at unusually high volume Wednesday with 15.4 million shares changing hands. It is currently at 6.4 times its average daily volume and trading down 28 cents (-2.7%) at $9.95 as of 10:05 a.m. ET.

Two Harbors Investment has a market cap of $1.35 billion and is part of the financial sector and real estate industry. Shares are up 10.7% year to date as of the close of trading on Tuesday.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS) and related investments. The company has a P/E ratio of 6.6, above the average real estate industry P/E ratio of 6.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Two Harbors Investment as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Two Harbors Investment Ratings Report.

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