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 research note issued on Saturday. The brokerage 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 firm has a market cap of $1.58 million, a P/E ratio of -0.03 and a beta of 0.90. The stock’s 50-day moving average is $0.04 and its 200-day moving average is $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.