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PHH (NYSE:PHH) Shares Gap Up - Still a Buy?

PHH logo with Finance background

Shares of PHH Co. (NYSE:PHH - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $18.86, but opened at $20.00. PHH shares last traded at $19.80, with a volume of 54,047 shares traded.

PHH Stock Up 4.4%

The firm has a fifty day moving average of $14.58 and a 200 day moving average of $10.38.

About PHH

(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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