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

Equities researchers at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Impac Mortgage Trading Up 16.8 %

Shares of Impac Mortgage stock opened at $0.05 on Wednesday. The stock has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.05. The company has a market cap of $1.83 million, a P/E ratio of -0.03 and a beta of 0.90. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88.

About Impac Mortgage

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.