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

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a research note published on Monday. The firm issued a hold rating on the stock.

Impac Mortgage Trading Up 1.0 %

Impac Mortgage stock opened at $0.04 on Monday. The stock has a market cap of $1.48 million, a PE ratio of -0.02 and a beta of 0.90. The stock has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.05. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88.

About Impac Mortgage

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.