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PHH (NYSE:PHH) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.51 and traded as high as $14.84. PHH shares last traded at $13.05, with a volume of 339,751 shares changing hands.

PHH Price Performance

The firm's 50-day moving average price is $11.75 and its 200 day moving average price is $9.57.

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.

Further Reading

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