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PHH (NYSE:PHH) Sees Unusually-High Trading Volume - Time to Buy?

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 677,642 shares traded hands during mid-day trading, an increase of 91% from the previous session's volume of 355,250 shares.The stock last traded at $38.50 and had previously closed at $41.01.

PHH Price Performance

The stock's 50-day moving average price is $20.27 and its two-hundred day moving average price is $12.65.

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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