2. As of noon trading, PennyMac Mortgage Investment ( PMT) is up $0.41 (1.8%) to $23.90 on light volume Thus far, 338,658 shares of PennyMac Mortgage Investment exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $23.49-$23.98 after having opened the day at $23.65 as compared to the previous trading day's close of $23.49.

PennyMac Mortgage Investment Trust, a specialty finance company, through its subsidiaries, invests primarily in residential mortgage loans and mortgage-related assets. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. PennyMac Mortgage Investment has a market cap of $1.4 billion and is part of the financial sector. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are up 41.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate PennyMac Mortgage Investment a buy, no analysts rate it a sell, and 1 rates it a hold.

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, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full PennyMac Mortgage Investment Ratings Report now.

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