Northstar Realty Finance Rises On Unusually High Volume (NRF)

NEW YORK ( TheStreet) -- Northstar Realty Finance Corporation (NYSE: NRF) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 64 cents (+12.5%) at $5.77 as of 4:01 p.m. ET.

Northstar Realty Finance has a market cap of $395.1 million and is part of the financial sector and real estate industry. Shares are up 8% year to date as of the close of trading on Wednesday.

Operates as an internally-managed commercial real estate company that makes fixed income, structured finance and net lease investments in real estate assets. The company intends to qualify as a REIT.

TheStreet Ratings rates Northstar Realty Finance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Northstar Realty Finance Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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