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

by · The Markets Daily

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH – Free Report) in a research report sent to investors on Wednesday. The firm issued a hold rating on the stock.

Impac Mortgage Stock Performance

Impac Mortgage stock opened at $0.02 on Wednesday. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.04. The company has a market cap of $855,714.60, a price-to-earnings ratio of -0.01 and a beta of 0.90.

About Impac Mortgage

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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.

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