NEW YORK (TheStreet) -- Chimera Investment Corporation (NYSE:CIM) is trading at unusually high volume Thursday with 49.5 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down 18 cents (-5.9%) at $2.89 as of 10:30 a.m. ET. Chimera Investment has a market cap of $3.01 billion and is part of the financial sector and real estate industry. Shares are up 22.3% year to date as of the close of trading on Wednesday. Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 5.4, below the average real estate industry P/E ratio of six and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Chimera Investment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself. You can view the full Chimera Investment Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
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