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

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a research note released on Tuesday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Price Performance

Shares of NYSE:IMH opened at $0.06 on Tuesday. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The business’s 50-day moving average is $0.05 and its 200-day moving average is $0.03. The company has a market capitalization of $2.19 million, a price-to-earnings ratio of -0.04 and a beta of 0.90.

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.