Resource Stock Hits New 52-Week Low (RSO)

NEW YORK ( TheStreet) -- Resource Capital Corporation (NYSE: RSO) hit a new 52-week low Monday as it is currently trading at $4.89, below its previous 52-week low of $5 with 674,089 shares traded as of 9:51 a.m. ET. Average volume has been 841,700 shares over the past 30 days.

Resource has a market cap of $381.7 million and is part of the financial sector and real estate industry. Shares are down 29% year to date as of the close of trading on Friday.

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 134, above the average real estate industry P/E ratio of 13.7 and above 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 deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Resource Ratings Report.

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