ARMOUR Residential REIT Stock Falls On Unusually High Volume (ARR)

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) -- ARMOUR Residential REIT (NYSE: ARR) is trading at unusually high volume Thursday with 16.6 million shares changing hands. It is currently at two times its average daily volume and trading down 22 cents (-3.4%) at $6.34 as of 12:47 p.m. ET.

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ARMOUR Residential REIT has a market cap of $2.09 billion and is part of the financial sector and real estate industry. Shares are up 1.4% year to date as of the close of trading on Wednesday.

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 6.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates ARMOUR Residential REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full ARMOUR Residential REIT Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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