PHH Corp. (PHH) is Trading Lower on Unusual Volume for December 21

Equities Staff |

PHH Corp. (PHH) experienced unusually high volume on Dec. 21, as the stock lost 4.01% to a closing price of $14.61. The stock saw 1.44 million shares trade hands over the course of the day on 8,714 trades. Given that the stock’s average daily volume over the last month has been 717,283 shares a day, this represents a pretty substantial spike over the norm.

PHH Corp. has a P/B ratio of 0.6. The stock has traded between $27.83 and $13.25 over the last 52-weeks, its 50-day SMA is now $15.52, and its 200-day SMA $20.84.

PHH Corp along with its subsidiaries is engaged in providing end to end mortgage solutions. It offers mortgage loan origination services & sells mortgage loans, & provides servicing activities for originated & purchased loans and acts as a sub-servicer.

Headquartered in Mount Laurel, NJ, PHH Corp. has 4,100 employees and is currently under the leadership of CEO Glen A. Messina.

For a complete fundamental analysis analysis of PHH Corp., check out Equities.com’s Stock Valuation Analysis report for PHH. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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