PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C (NYSE:PMT.C) Trading 1% Higher – Still a Buy?

Shares of PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C (NYSE:PMT.CGet Free Report) traded up 1% during mid-day trading on Monday . The stock traded as high as $17.92 and last traded at $17.79. 15,280 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 20,100 shares. The stock had previously closed at $17.61.

PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C Stock Up 1.0%

The firm’s 50 day moving average is $18.67 and its 200-day moving average is $18.85.

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