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

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

Impac Mortgage Stock Performance

Shares of IMH stock opened at $0.04 on Wednesday. The stock’s 50 day simple moving average is $0.04 and its 200 day simple moving average is $0.05. Impac Mortgage has a twelve month low of $0.12 and a twelve month high of $0.88. The company has a market capitalization of $1.48 million, a price-to-earnings ratio of -0.02 and a beta of 0.90.

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.