Two Harbors Investment Stock Falls On Unusually High Volume (TWO)

NEW YORK ( TheStreet) -- Two Harbors Investment (NYSE: TWO) is trading at unusually high volume Wednesday with 10 million shares changing hands. It is currently at 5.7 times its average daily volume and trading down 29 cents (-3%) at $9.21 as of 9:30 a.m. ET.

Two Harbors Investment has a market cap of $1.27 billion and is part of the financial sector and real estate industry. Shares are up 2.8% year to date as of the close of trading on Tuesday.

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 5.4, below the average real estate industry P/E ratio of 5.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Two Harbors Investment as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Two Harbors Investment Ratings Report.

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