Resource Stock Hits New 52-Week Low (RSO)

NEW YORK ( TheStreet) -- Resource Capital Corporation (NYSE: RSO) hit a new 52-week low Friday as it is currently trading at $5.60, below its previous 52-week low of $5.69 with 539,140 shares traded as of 10:08 a.m. ET. Average volume has been 780,800 shares over the past 30 days.

Resource has a market cap of $418.1 million and is part of the financial sector and real estate industry. Shares are down 22.1% year to date as of the close of trading on Thursday.

Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The company has a P/E ratio of 9.9, below the average real estate industry P/E ratio of 10.5 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Resource as a hold. 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 also find weaknesses including generally poor debt management and disappointing return on equity. You can view the full Resource Ratings Report.

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