Equities research analysts at StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH – Get Free Report) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.
Impac Mortgage Trading Up 2.2 %
Shares of NYSE IMH opened at $0.22 on Monday. The business has a fifty day simple moving average of $0.03 and a 200 day simple moving average of $0.04. The firm has a market capitalization of $8.22 million, a price-to-earnings ratio of -0.13 and a beta of 0.90. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88.
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.
Further Reading
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