NEW YORK ( TheStreet) -- Colony Financial Inc (NYSE: CLNY) hit a new 52-week low Wednesday as it is currently trading at $13.06, below its previous 52-week low of $13.11 with 747,948 shares traded as of 3:46 p.m. ET. Average volume has been 226,000 shares over the past 30 days. Colony Financial has a market cap of $441.3 million and is part of the financial sector and real estate industry. Shares are down 33% year to date as of the close of trading on Tuesday. Colony Financial, Inc., a real estate finance company, focuses on acquiring, originating, and managing commercial mortgage loans and other commercial real estate-related debt investments. The company qualifies as a real estate investment trust for federal income tax purposes. The company has a P/E ratio of 9.4, above the average real estate industry P/E ratio of 9.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Colony Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Colony Financial Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.