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

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

Impac Mortgage Stock Performance

IMH stock opened at $0.03 on Friday. The firm has a market cap of $1.26 million, a P/E ratio of -0.02 and a beta of 0.90. The stock has a 50-day simple moving average of $0.05 and a 200-day simple moving average of $0.05. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88.

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.