NEW YORK ( TheStreet) -- Anworth Mortgage Asset Corporation (NYSE: ANH) hit a new 52-week low Tuesday as it is currently trading at $5.95, below its previous 52-week low of $6.33 with 1.9 million shares traded as of 10:05 a.m. ET. Average volume has been 2.3 million shares over the past 30 days. Anworth Mortgage Asset has a market cap of $898.4 million and is part of the financial sector and real estate industry. Shares are down 8.7% year to date as of the close of trading on Monday. Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 7.7, 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 Anworth Mortgage Asset as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Anworth Mortgage Asset Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.