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NEW YORK (

TheStreet

) --

PennyMac Mortgage Investment

(NYSE:

PMT

) hit a new 52-week high Friday as it traded at $18.99 compared with its previous 52-Week high of $18.95. PennyMac Mortgage Investment is changing hands at $18.95 with 261,014 shares traded as of 12:52 p.m. ET. Average volume has been 182,700 shares over the past 30 days.

PennyMac Mortgage Investment has a market cap of $307.2 million and is part of the

financial

sector and

real estate

TheStreet Recommends

industry. Shares are up 2.5% year to date as of the close of trading on Thursday.

PennyMac Mortgage Investment Trust is based in the United States. The company has a P/E ratio of 12.7, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates PennyMac Mortgage Investment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full

PennyMac Mortgage Investment Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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