PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C (NYSE:PMT.C) Stock Price Down 3.5% – What’s Next?

Shares of PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C (NYSE:PMT.CGet Free Report) dropped 3.5% during trading on Friday . The company traded as low as $17.53 and last traded at $17.61. Approximately 44,580 shares traded hands during trading, an increase of 121% from the average daily volume of 20,190 shares. The stock had previously closed at $18.24.

PennyMac Mortgage Investment 6 75 Cumulative Red Pref Shs Series C Stock Down 3.5%

The business’s 50 day moving average is $19.01 and its two-hundred day moving average is $18.96.

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