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

Stock analysts at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Stock Down 8.5 %

Shares of NYSE:IMH opened at $0.04 on Friday. The business’s 50 day moving average is $0.05 and its 200 day moving average is $0.05. The stock has a market cap of $1.28 million, a P/E ratio of -0.02 and a beta of 0.90. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88.

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.