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PHH (NYSE:PHH) Stock Crosses Above 200 Day Moving Average - Here's What Happened

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PHH Co. (NYSE:PHH - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.04 and traded as high as $13.98. PHH shares last traded at $13.48, with a volume of 541,213 shares traded.

PHH Stock Down 11.8 %

The stock has a 50 day simple moving average of $6.54 and a 200 day simple moving average of $9.01.

About PHH

(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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