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PHH (NYSE:PHH) Sees Unusually-High Trading Volume - Here's Why

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 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 company's 50 day moving average is $19.74 and its 200 day moving average is $12.51.

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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