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NEW YORK ( TheStreet) -- PHH Corporation (NYSE: PHH) hit a new 52-week low Wednesday as it is currently trading at $13.68, below its previous 52-week low of $13.73 with 200,556 shares traded as of 10:25 a.m. ET. Average volume has been 961,500 shares over the past 30 days. PHH has a market cap of $820.9 million and is part of the financial sector and financial services industry. Shares are down 37% year to date as of the close of trading on Tuesday. PHH Corporation provides mortgage and fleet management outsourcing services in the United States and Canada. The company has a P/E ratio of 18.9, below the average financial services industry P/E ratio of 19.7 and above the S&P 500 P/E ratio of 17.7.