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.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.

null

More from Markets

This Will Be the Ultimate Buy (or Sell) Signal for Stocks

This Will Be the Ultimate Buy (or Sell) Signal for Stocks

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Boeing Slides as China Premier Li Says Willing to Continue Talks With Airbus

Here's What Wall Street Is Watching Monday as Stocks Nosedive

Here's What Wall Street Is Watching Monday as Stocks Nosedive

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Jim Cramer: Reports of Attempted Trade Truce With China Are False

Jim Cramer: Reports of Attempted Trade Truce With China Are False