Annaly Capital Management Stock Hits New 52-Week Low (NLY)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Annaly Capital Management (NYSE: NLY) hit a new 52-week low Tuesday as it is currently trading at $15.23, below its previous 52-week low of $15.27 with 23.1 million shares traded as of 1:05 p.m. ET. Average volume has been 12.7 million shares over the past 30 days.

Annaly Capital Management has a market cap of $15.53 billion and is part of the financial sector and real estate industry. Shares are down 0.2% year to date as of the close of trading on Monday.

Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities. The company has a P/E ratio of 106.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Annaly Capital Management Ratings Report.

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