In trading on Thursday, shares of Pennymac Mortgage Investment Trust (Symbol: PMT) crossed below their 200 day moving average of $19.18, changing hands as low as $18.93 per share. Pennymac Mortgage Investment Trust shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of PMT shares, versus its 200 day moving average:
Looking at the chart above, PMT's low point in its 52 week range is $15.44 per share, with $21.35 as the 52 week high point - that compares with a last trade of $18.99.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.