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Bullish Two Hundred Day Moving Average Cross - PMT

In trading on Wednesday, shares of Pennymac Mortgage Investment Trust (Symbol: PMT) crossed above their 200 day moving average of $14.67, changing hands as high as $14.75 per share. Pennymac Mortgage Investment Trust shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of PMT shares, versus its 200 day moving average:

Pennymac Mortgage Investment Trust 200 Day Moving Average Chart

Looking at the chart above, PMT's low point in its 52 week range is $10.91 per share, with $19.01 as the 52 week high point - that compares with a last trade of $14.73.

According to the ETF Finder at ETF Channel, PMT makes up 3.38% of the Mortgage REIT Income ETF (Symbol: MORT) which is trading up by about 0.7% on the day Wednesday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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