Impac Mortgage (NYSE:IMH) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a research note released on Wednesday morning. The firm issued a hold rating on the stock.

Impac Mortgage Stock Performance

Shares of IMH stock opened at $0.04 on Wednesday. The firm has a market cap of $1.42 million, a P/E ratio of -0.02 and a beta of 0.90. The firm’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.04. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88.

Impac Mortgage Company Profile

Impac Mortgage Holdings, Inc engages in the provision of mortgage and real estate solutions. It operates through the following segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. The Mortgage Lending segment offers mortgage lending products through lending channels, retail, wholesale, and correspondent, and retains mortgage servicing rights and warehouse lending facilities.