Impac Mortgage (NYSE:IMH) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

Impac Mortgage Price Performance

Shares of IMH stock opened at $0.05 on Tuesday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The firm has a market capitalization of $1.76 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. The business has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.03.

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.