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

Research analysts at StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

Impac Mortgage Price Performance

Shares of NYSE:IMH opened at $0.05 on Thursday. The company has a market capitalization of $1.76 million, a P/E ratio of -0.03 and a beta of 0.90. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The business’s 50 day simple moving average is $0.05 and its 200 day simple moving average is $0.04.

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.