ARMOUR Residential REIT Stock Hits New 52-Week Low (ARR)

ARMOUR Residential REIT (NYSE:ARR) hit a new 52-week low Friday as it is currently trading at $4.21, below its previous 52-week low of $4.23 with 5.4 million shares traded as of 10:26 a.m. ET. Average volume has been 7.8 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

ARMOUR Residential REIT

(NYSE:

ARR

) hit a new 52-week low Friday as it is currently trading at $4.21, below its previous 52-week low of $4.23 with 5.4 million shares traded as of 10:26 a.m. ET. Average volume has been 7.8 million shares over the past 30 days.

ARMOUR Residential REIT has a market cap of $1.75 billion and is part of the financial sector and real estate industry. Shares are down 28.7% year to date as of the close of trading on Wednesday.

ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States.

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TheStreet Ratings rates

ARMOUR Residential REIT

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

ARMOUR Residential REIT Ratings Report

.

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52-week low stocks

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