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

StockNews.com started 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 NYSE:IMH opened at $0.02 on Friday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The business has a 50 day moving average of $0.03 and a 200-day moving average of $0.03. The stock has a market cap of $778,919.70, a PE ratio of -0.01 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.