2. As of noon trading, Two Harbors Investment ( TWO) is down $0.19 (-1.6%) to $11.70 on light volume Thus far, 2.9 million shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $11.63-$11.86 after having opened the day at $11.86 as compared to the previous trading day's close of $11.89. 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, and other financial assets. Two Harbors Investment has a market cap of $4.3 billion and is part of the financial sector. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Two Harbors Investment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year and attractive valuation levels. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Two Harbors Investment Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.