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PHH (NYSE:PHH) Sees Large Volume Increase - Time to Buy?

PHH logo with Finance background

Shares of PHH Co. (NYSE:PHH - Get Free Report) saw an uptick in trading volume on Tuesday . 677,642 shares were traded 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 Stock Down 63.2%

The stock's fifty 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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