- Practice your TWO trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- Two Harbors Investment (NYSE: TWO) hit a new 52-week low Monday as it is currently trading at $8.67, below its previous 52-week low of $8.68 with 998,048 shares traded as of 1:01 p.m. ET. Average volume has been four million shares over the past 30 days. Two Harbors Investment has a market cap of $813 million and is part of the financial sector and real estate industry. Shares are down 9.8% year to date as of the close of trading on Friday. Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS) and related investments. The company has a P/E ratio of 6.2, above the average real estate industry P/E ratio of 5.8 and below the S&P 500 P/E ratio of 17.7.