NEW YORK ( TheStreet) -- Dynex Capital (NYSE: DX) hit a new 52-week high Friday as it is currently trading at $10, above its previous 52-week high of $9.98 with 102,637 shares traded as of 11:29 a.m. ET. Average volume has been 422,700 shares over the past 30 days. Dynex has a market cap of $539.6 million and is part of the financial sector and real estate industry. Shares are up 8.7% year to date as of the close of trading on Thursday. Dynex Capital, Inc. operates as a mortgage real estate investment trust (REIT). The company has a P/E ratio of 9.5, above the average real estate industry P/E ratio of 9.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Dynex 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 find that the company has not been very careful in the management of its balance sheet. You can view the full Dynex Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.