PMT-B Stock Summary and Trading Ideas (PennyMac Mortgage Investment Trust 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest | NYSE:PMT-B)

PennyMac Mortgage Investment Trust 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest trades on the NYSE stock market under the symbol PMT-B.

As of April 23, 2024, PMT-B stock price climbed to $23.24 with 7,384 million shares trading.

PMT-B has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, PMT-B stock traded as high as $27.58 and as low as $18.99.

PMT-B has underperformed the market in the last year with a return of +11.7%, while the SPY ETF gained +24.3%. In the last 3 month period, PMT-B fell short of the market, returning 0.0%, while SPY returned +4.9%. However, in the most recent 2 weeks PMT-B has outperformed the stock market by returning -0.8%, while SPY returned -2.5%.

PMT-B support price is $22.71 and resistance is $23.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PMT-B stock will trade within this expected range on the day.