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

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

Impac Mortgage Stock Performance

NYSE IMH opened at $0.03 on Monday. The company has a market capitalization of $1.10 million, a PE ratio of -0.02 and a beta of 0.90. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88. The company has a 50-day simple moving average of $0.05 and a 200 day simple moving average of $0.04.

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.