PennyMac Mortgage Investment Trust Enters Oversold Territory

Zacks

PennyMac Mortgage Investment Trust’s (PMT) share price has entered into oversold territory with a stochastic value of 13.550. The Zacks Consensus Estimate on the company’s earnings for December 2012 increased by 22 cents over the past month to $2.93 per share. PennyMac Mortgage Investment Trust is a Zacks #1 Rank (“Strong Buy”) company.

 

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