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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