Invesco Stock Hits New 52-Week Low (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 low Thursday as it is currently trading at $16.72, below its previous 52-week low of $17.40 with 1.7 million shares traded as of 3:21 p.m. ET. Average volume has been two million shares over the past 30 days.

Invesco has a market cap of $2.24 billion and is part of the financial sector and real estate industry. Shares are down 16.3% year to date as of the close of trading on Wednesday.

Invesco Mortgage Capital Inc., a real estate investment trust (REIT), focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans. It invests in residential mortgage-backed securities for which a U.S. The company has a P/E ratio of 5.9, 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 revenue growth, attractive valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Invesco Ratings Report.

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