StockNews.com Begins Coverage on Impac Mortgage (NYSE:IMH)

Analysts at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Trading Up 41.8 %

NYSE IMH opened at $0.05 on Wednesday. Impac Mortgage has a 12 month low of $0.12 and a 12 month high of $0.88. The stock has a 50-day simple moving average of $0.05 and a 200 day simple moving average of $0.04. The company has a market capitalization of $1.82 million, a PE ratio of -0.03 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.