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

Equities research analysts at StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a report released on Thursday. The firm set a “hold” rating on the stock.

Impac Mortgage Trading Down 11.2 %

Shares of NYSE IMH opened at $0.04 on Thursday. The stock has a market capitalization of $1.50 million, a PE ratio of -0.02 and a beta of 0.90. Impac Mortgage has a twelve month low of $0.12 and a twelve month high of $0.88. The stock has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.05.

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.