NEW YORK ( TheStreet) -- Annaly Capital Management (NYSE: NLY) hit a new 52-week low Wednesday as it is currently trading at $12.15, below its previous 52-week low of $12.16 with 1.8 million shares traded as of 10:10 a.m. ET. Average volume has been 12.6 million shares over the past 30 days.

Annaly Capital Management has a market cap of $11.79 billion and is part of the financial sector and real estate industry. Shares are down 12.5% year to date as of the close of trading on Tuesday.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investments in United States.

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TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Annaly Capital Management Ratings Report.

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