Hatteras Financial Stock Falls On Unusually High Volume (HTS)

NEW YORK ( TheStreet) -- Hatteras Financial Corporation (NYSE: HTS) is trading at unusually high volume Tuesday with 6.5 million shares changing hands. It is currently at 8.9 times its average daily volume and trading down 62 cents (-2.2%) at $27.42 as of 10:10 a.m. ET.

Hatteras Financial has a market cap of $2.11 billion and is part of the financial sector and real estate industry. Shares are up 6.3% year to date as of the close of trading on Monday.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). The company has a P/E ratio of seven, above the average real estate industry P/E ratio of 6.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hatteras Financial as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally poor debt management and disappointing return on equity. You can view the full Hatteras Financial Ratings Report.

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