NEW YORK (

TheStreet

) --

Hatteras Financial Corporation

(NYSE:

HTS

) hit a new 52-week low Friday as it is currently trading at $26.93, below its previous 52-week low of $27.11 with 1.8 million shares traded as of 10:06 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Hatteras Financial has a market cap of $2.1 billion and is part of the

financial

sector and

real estate

industry. Shares are down 8.6% year to date as of the close of trading on Thursday.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). The company has a P/E ratio of 6.8, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Hatteras Financial as a

hold

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

Hatteras Financial Ratings Report

.

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