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

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

Impac Mortgage Price Performance

Shares of IMH stock opened at $0.04 on Friday. The stock’s fifty day moving average price is $0.05 and its 200 day moving average price is $0.05. Impac Mortgage has a 1-year low of $0.12 and a 1-year high of $0.88. The company has a market cap of $1.50 million, a price-to-earnings ratio of -0.02 and a beta of 0.90.

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.