PHH Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of PHH Corp ( PHH) crossed below their 200 day moving average of $20.87, changing hands as low as $20.48 per share. PHH Corp shares are currently trading off about 5% on the day. The chart below shows the one year performance of PHH shares, versus its 200 day moving average:

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PHH Corp 200 Day Moving Average Chart

Looking at the chart above, PHH's low point in its 52 week range is $15.10 per share, with $23.90 as the 52 week high point — that compares with a last trade of $20.58.

According to the ETF Finder at ETF Channel, PHH makes up 1.63% of the Top Guru Holdings Index ETF ( GURU) which is trading lower by about 1.3% on the day Wednesday.
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