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PHH (NYSE:PHH) Reaches New 12-Month High - Still a Buy?

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $41.49 and last traded at $40.69, with a volume of 217786 shares trading hands. The stock had previously closed at $40.58.

PHH Trading Up 4.5%

The stock has a fifty day simple moving average of $20.00 and a 200-day simple moving average of $12.58.

PHH Company Profile

(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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