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PHH (NYSE:PHH) Trading Down 5.8% - Should You Sell?

PHH logo with Finance background

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

PHH Stock Performance

The firm's 50-day moving average price is $14.58 and its 200 day moving average price is $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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