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PHH (NYSE:PHH) Shares Down 5.8% - What's Next?

PHH logo with Finance background

Shares of PHH Co. (NYSE:PHH - Get Free Report) dropped 5.8% during mid-day trading on Thursday . The company traded as low as $19.04 and last traded at $19.30. Approximately 168,020 shares were traded during trading, a decline of 39% from the average daily volume of 276,813 shares. The stock had previously closed at $20.48.

PHH Stock Up 5.0%

The company has a 50 day simple moving average of $14.58 and a 200-day simple moving average of $10.38.

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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