NEW YORK (

TheStreet

) --

Two Harbors Investment

(NYSE:

TWO

) hit a new 52-week low Thursday as it is currently trading at $8.73, below its previous 52-week low of $8.75 with 5.5 million shares traded as of 3:26 p.m. ET. Average volume has been 3.9 million shares over the past 30 days.

Two Harbors Investment has a market cap of $1.4 billion and is part of the

financial

sector and

real estate

industry. Shares are down 4.5% year to date as of the close of trading on Wednesday.

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Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS) and related investments. The company has a P/E ratio of 6.7, above the average real estate industry P/E ratio of 6.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Two Harbors Investment as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and generally weak debt management. You can view the full

Two Harbors Investment Ratings Report

.

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