Impac Mortgage (NYSE:IMH) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.

Impac Mortgage Price Performance

NYSE IMH opened at $0.04 on Friday. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The business’s fifty day moving average is $0.05 and its 200-day moving average is $0.05. The stock has a market capitalization of $1.49 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.