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

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a research note released on Friday. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Performance

IMH stock opened at $0.05 on Friday. Impac Mortgage has a fifty-two week low of $0.12 and a fifty-two week high of $0.88. The company has a market capitalization of $1.76 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. The business’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $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.