NEW YORK (
) hit a new 52-week low Friday as it is currently trading at $9.71, below its previous 52-week low of $9.85 with 1.2 million shares traded as of 9:56 a.m. ET. Average volume has been 7.4 million shares over the past 30 days.
Two Harbors Investment has a market cap of $3.75 billion and is part of the financial sector and real estate industry. Shares are down 7.8% year to date as of the close of trading on Wednesday.
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), residential mortgage loans, and other financial assets.
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TheStreet Ratings rates
Two Harbors Investment
. 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 find that we feel that the company's cash flow from its operations has been weak overall. You can view the full
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