NEW YORK ( TheStreet) -- ARMOUR Residential REIT Inc (NYSE: ARR) is trading at unusually high volume Thursday with 8.2 million shares changing hands. It is currently at four times its average daily volume and trading down 23 cents (-3.2%) at $6.94 as of 11:40 a.m. ET.

ARMOUR Residential REIT has a market cap of $604.4 million and is part of the financial sector and real estate industry. Shares are down 8.2% year to date as of the close of trading on Wednesday.

No company description available. The company has a P/E ratio of 10.4, above the average real estate industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ARMOUR Residential REIT as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full ARMOUR Residential REIT Ratings Report.

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