Shares of PHH Co. (NYSE:PHH - Get Free Report) were up 8.2% during trading on Wednesday . The stock traded as high as $39.83 and last traded at $39.40. Approximately 599,599 shares changed hands during trading, an increase of 79% from the average daily volume of 335,543 shares. The stock had previously closed at $36.42.
PHH Stock Performance
The firm's fifty day moving average is $19.94 and its 200 day moving average is $12.49.
About PHH
(
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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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