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

StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued to investors on Friday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Performance

IMH stock opened at $0.04 on Friday. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The firm’s fifty day moving average is $0.04 and its 200 day moving average is $0.05. The firm has a market cap of $1.54 million, a PE ratio of -0.02 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.