Shares of PHH traded higher by 4.95% or $0.84/share to $17.80. PHH Corporation is trading at a price to book ratio of 0.6. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.81. The price to sales ratio came in at 0.38. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 946329 shares of PHH exchange hands on a given day and today's volume is recorded at 984411. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
PHH Corporation (PHH) is an outsource provider of mortgage and fleet management services.
