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

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMHFree Report) in a research note released on Monday. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Performance

NYSE IMH opened at $0.05 on Monday. The stock has a market cap of $1.65 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. The business has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.05. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88.

Impac Mortgage Company Profile

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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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