PHH Co. (NYSE:PHH - Get Free Report) shot up 5.4% on Monday . The company traded as high as $28.12 and last traded at $28.00. 177,049 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 293,628 shares. The stock had previously closed at $26.57.
PHH Price Performance
The stock's 50 day moving average is $16.70 and its two-hundred day moving average is $11.23.
PHH Company Profile
(
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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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