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PHH (NYSE:PHH) Share Price Crosses Above 200-Day Moving Average - Here's Why

PHH logo with Finance background

PHH Co. (NYSE:PHH - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.01 and traded as high as $16.77. PHH shares last traded at $16.74, with a volume of 351,367 shares traded.

PHH Price Performance

The stock has a 50-day simple moving average of $13.96 and a two-hundred day simple moving average of $10.09.

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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