NEW YORK ( TheStreet) -- Hatteras Financial Corporation (NYSE: HTS) hit a new 52-week high Wednesday as it is currently trading at $29.51, above its previous 52-week high of $29.50 with 120,102 shares traded as of 9:50 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Hatteras Financial has a market cap of $2.85 billion and is part of the financial sector and real estate industry. Shares are up 11.3% year to date as of the close of trading on Tuesday. Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT). The company has a P/E ratio of 7.5, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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