|
PHH Shares Up 27.7% Since SmarTrend's Buy Recommendation (PHH)
Jul 24, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for PHH (NYSE:PHH) on February 6th, 2012 at $12.68. In approximately 6 months, PHH has returned 27.65% as of today's recent price of $16.18.
In the past 52 weeks, PHH share prices have been bracketed by a low of $8.75 and a high of $19.56 and are now at $16.18, 85% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.3%.
PHH Corporation is an outsource provider of mortgage and vehicle fleet management services. The Company provides private label mortgage services to real estate brokers, financial institutions, credit unions, corporations, and government agencies, and integrated leasing and management solutions to operators of corporate, government, and service-related vehicle fleets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PHH shares.Log in and add PHH (PHH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Financial Technology's Homepage ]
|
