ARMOUR Residential REIT Stock Falls On Unusually High Volume (ARR)

NEW YORK ( TheStreet) -- ARMOUR Residential REIT (NYSE: ARR) is trading at unusually high volume Friday with 13.3 million shares changing hands. It is currently at 5.9 times its average daily volume and trading down 20 cents (-2.8%) at $7 as of 9:30 a.m. ET.

ARMOUR Residential REIT has a market cap of $600.1 million and is part of the financial sector and real estate industry. Shares are up 2.1% year to date as of the close of trading on Thursday.

No company description available. The company has a P/E ratio of 10.4, above the average real estate industry P/E ratio of 6.6 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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