Bullish MACD for PennyMac Mortgage – Tale of the Tape (PMT)

Zacks

PennyMac Mortgage Investment Trust ’s (PMT) MACD indicator has entered into bullish territory with a reading of 0.1430. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $17.08 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 7 cents over the past week to $1.99 per share.

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