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

Investment analysts at StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMHGet Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Price Performance

NYSE:IMH opened at $0.05 on Wednesday. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The company has a market cap of $1.76 million, a P/E ratio of -0.03 and a beta of 0.90. The firm’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.04.

Impac Mortgage Company Profile

(Get Free Report)

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.

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