PHH (NYSE:PHH) Stock Passes Above 200-Day Moving Average – What’s Next?

PHH Co. (NYSE:PHHGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.27 and traded as high as $15.00. PHH shares last traded at $13.01, with a volume of 465,661 shares changing hands.

PHH Price Performance

The company has a 50-day moving average price of $9.35 and a 200 day moving average price of $9.28.

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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