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StockNews.com Initiates Coverage on Impac Mortgage (NYSE:IMH)

Defense World ·  Apr 6, 2023 13:21

Analysts at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH – Get Rating) in a note issued to investors on Thursday. The brokerage set a "hold" rating on the stock.

Impac Mortgage Price Performance

Shares of NYSE IMH opened at $0.34 on Thursday. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The stock has a market cap of $12.43 million, a P/E ratio of -0.20 and a beta of 0.90. The firm has a 50-day moving average of $0.38 and a 200 day moving average of $0.31.

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About Impac Mortgage

(Get Rating)

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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