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 35.6 million shares changing hands. It is currently at 5.8 times its average daily volume and trading down 20 cents (-2.6%) at $7.50 as of 10:05 a.m. ET.

ARMOUR Residential REIT has a market cap of $1.37 billion and is part of the financial sector and real estate industry. Shares are up 8.5% year to date as of the close of trading on Thursday.

ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States. The company has a P/E ratio of 54.6, above the average real estate industry P/E ratio of 20.1 and above 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 generally weak debt management and disappointing return on equity. You can view the full ARMOUR Residential REIT Ratings Report.

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