NEW YORK ( TheStreet) -- Capstead Mortgage Corporation (NYSE: CMO) hit a new 52-week low Wednesday as it is currently trading at $13.22, below its previous 52-week high of $23.85 with 123,617 shares traded as of 10:36 a.m. ET. Average volume has been 675,700 shares over the past 30 days.

Capstead has a market cap of $1 billion and is part of the financial sector and real estate industry. Shares are up 5.4% year to date as of the close of trading on Tuesday.

Capstead Mortgage Corporation operates as a self-managed real estate investment trust. The company has a P/E ratio of 9.1, 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 Capstead as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. 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 Capstead Ratings Report.

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