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Stock impact report

PennyMac Mortgage Investment Trust (PMT) Stock Trades Up, Here Is Why [Yahoo! Finance]

PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) 
Last pennymac mortgage investment trust common shares of beneficial interest earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Yahoo! Finance
the company's stock rating to 'Outperform' from 'Market Perform'. This move from the financial services firm indicated a more positive view of the company's financial prospects. Despite the improved rating, the analyst firm kept its price target for the stock unchanged at $13.50. After the initial pop the shares cooled down to $13.15, up 3.2% from previous close. Is now the time to buy PennyMac Mortgage Investment Trust? Access our full analysis report here PennyMac Mortgage Investment Trust's shares are not very volatile and have only had 6 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 27 days ago when the stock gained 2.7% on the news that comments from a key Federal Reserve official boosted hopes for an interest rate cut. New York Federal Reserve President Jo Show less Read more
Impact Snapshot
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