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PHH (NYSE:PHH) Reaches New 12-Month High - What's Next?

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $19.25 and last traded at $19.20, with a volume of 160570 shares trading hands. The stock had previously closed at $17.84.

PHH Stock Down 7.9%

The firm's 50 day simple moving average is $14.33 and its 200 day simple moving average is $10.27.

About PHH

(Get Free Report)

PHH Corporation, through its PHH Mortgage Corporation, operates as a sub servicer of residential mortgages in the United States. The company operates through two segments, Mortgage Production and Mortgage Servicing. It provides servicing and portfolio retention solutions to investors of mortgage servicing rights, financial and wealth management institutions, regional and community banks, and credit unions.

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