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

Equities research analysts at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Stock Up 16.8 %

NYSE:IMH opened at $0.05 on Wednesday. Impac Mortgage has a 1-year low of $0.12 and a 1-year high of $0.88. The firm has a market capitalization of $1.83 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. The stock has a fifty day simple moving average of $0.04 and a 200 day simple moving average of $0.05.

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.