Two Harbors Investment Rises On Unusually High Volume (TWO)

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) -- Two Harbors Investment (NYSE: TWO) is trading at unusually high volume Tuesday with 11.1 million shares changing hands. It is currently at two times its average daily volume and trading up 24 cents (+2.1%) at $11.69 as of 3:46 p.m. ET.

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Two Harbors Investment has a market cap of $3.34 billion and is part of the financial sector and real estate industry. Shares are up 22.5% year to date as of the close of trading on Monday.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, residential real properties, and other financial assets. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Two Harbors Investment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Two Harbors Investment Ratings Report.

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