Annaly Capital Management Stock Hits New 52-Week Low (NLY)

Annaly Capital Management (NYSE:NLY) hit a new 52-week low Wednesday as it is currently trading at $12.15, below its previous 52-week low of $12.16 with 1.8 million shares traded as of 10:10 a.m. ET. Average volume has been 12.6 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Annaly Capital Management

(NYSE:

NLY

) hit a new 52-week low Wednesday as it is currently trading at $12.15, below its previous 52-week low of $12.16 with 1.8 million shares traded as of 10:10 a.m. ET. Average volume has been 12.6 million shares over the past 30 days.

Annaly Capital Management has a market cap of $11.79 billion and is part of the financial sector and real estate industry. Shares are down 12.5% year to date as of the close of trading on Tuesday.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investments in United States.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates

Annaly Capital Management

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Annaly Capital Management Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

.

null

Loading ...