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TheStreet Wire

Chimera Investment Stock Falls On Unusually High Volume (CIM)

By TheStreet Wire 06/21/12 - 02:14 PM EDT

Find out if (CIM) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Chimera Investment Corporation (NYSE:CIM) is trading at unusually high volume Thursday with 25.6 million shares changing hands. It is currently at four times its average daily volume and trading down 22 cents (-8%) at $2.52 as of 1:50 p.m. ET.

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Chimera Investment has a market cap of $2.99 billion and is part of the financial sector and real estate industry. Shares are up 15.9% 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 5.2, below the average real estate industry P/E ratio of 5.9 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.

For more information on Chimera Investment Corporation click any of the following:

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