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

PHH logo with Finance background

Shares of PHH Co. (NYSE:PHH - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.15 and traded as high as $14.00. PHH shares last traded at $12.74, with a volume of 408,730 shares changing hands.

PHH Price Performance

The company's 50-day simple moving average is $8.73 and its two-hundred day simple moving average is $9.20.

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.

Further Reading

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