PHH Stock Hits New 52-Week Low (PHH)

NEW YORK ( TheStreet) -- PHH Corporation (NYSE: PHH) hit a new 52-week low Monday as it is currently trading at $14.35, below its previous 52-week low of $14.36 with 1.3 million shares traded as of 3:35 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

PHH has a market cap of $948.6 million and is part of the financial sector and financial services industry. Shares are down 30.5% year to date as of the close of trading on Friday.

PHH Corporation provides mortgage and fleet management outsourcing services in the United States and Canada. The company has a P/E ratio of 5.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates PHH as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full PHH Ratings Report.

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