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PHH (NYSE:PHH) Trading Up 4.6% - Here's Why

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report) was up 4.6% during trading on Tuesday . The company traded as high as $21.95 and last traded at $21.62. Approximately 58,517 shares were traded during trading, a decline of 79% from the average daily volume of 277,048 shares. The stock had previously closed at $20.67.

PHH Stock Performance

The business's 50-day moving average price is $15.60 and its 200 day moving average price is $10.81.

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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