In trading on Wednesday, shares of Pennymac Mortgage Investment Trust (Symbol: PMT) crossed below their last reported book value - defined as common shareholder equity per share - of $20.88, changing hands as low as $20.87 per share. Pennymac Mortgage Investment Trust shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of PMT shares, versus its 50 and 200 day moving averages:
Looking at the chart above, PMT's low point in its 52 week range is $18.91 per share, with $24.48 as the 52 week high point - that compares with a last trade of $20.96.
According to the ETF Finder at ETF Channel, PMT makes up 2.83% of the Mortgage REIT Income ETF (Symbol: MORT) which is trading lower by about 0.4% on the day Wednesday.
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