Invesco Reaches New 52-Week High (IVR)

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) -- Invesco Mortgage Capital (NYSE: IVR) hit a new 52-week high Monday as it is currently trading at $22, above its previous 52-week high of $21.96 with 154,587 shares traded as of 9:36 a.m. ET. Average volume has been two million shares over the past 30 days.

Invesco has a market cap of $2.88 billion and is part of the financial sector and real estate industry. Shares are up 9.7% year to date as of the close of trading on Friday.

Invesco Agency Securities Inc. operates as a mortgage real estate investment trust. The company was founded in 2008 and is based in Atlanta, Georgia. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7.

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

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