Walter Investment Management Reaches New 52-Week High (WAC)

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) -- Walter Investment Management (AMEX: WAC) hit a new 52-week high Tuesday as it is currently trading at $48.75, above its previous 52-week high of $48.54 with 179,121 shares traded as of 10:16 a.m. ET. Average volume has been 818,000 shares over the past 30 days.

Walter Investment Management has a market cap of $1.58 billion and is part of the financial sector and real estate industry. Shares are up 2.4% year to date as of the close of trading on Monday.

Walter Investment Management Corp., together with its subsidiaries, provides business services to the residential mortgage industry in the United States. The company has a P/E ratio of 151.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Walter Investment Management as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Walter Investment Management Ratings Report.

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