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

StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMHFree Report) in a research report released on Sunday. The brokerage issued a hold rating on the stock.

Impac Mortgage Price Performance

Shares of IMH stock opened at $0.02 on Friday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The company has a market capitalization of $713,095.50, a P/E ratio of -0.01 and a beta of 0.90. The firm has a 50-day moving average price of $0.03 and a 200 day moving average price of $0.03.

About Impac Mortgage

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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.

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