NEW YORK (
Resource Capital Corporation
) is trading at unusually high volume Friday with 3.5 million shares changing hands. It is currently at 5.1 times its average daily volume and trading down 26 cents (-3.6%) at $6.88 as of 10:08 a.m. ET.
Resource has a market cap of $442.3 million and is part of the
industry. Shares are down 3.9% year to date as of the close of trading on Thursday.
Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The company has a P/E ratio of 17.4, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.
TheStreet Ratings rates Resource as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full
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