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. See all 52-week low stocks or get investment ideas from our investment research center.