Impac Mortgage (NYSE:IMH) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a research report released on Saturday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Price Performance

NYSE:IMH opened at $0.04 on Friday. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88. The business’s 50-day simple moving average is $0.05 and its two-hundred day simple moving average is $0.04. The stock has a market cap of $1.46 million, a PE ratio of -0.02 and a beta of 0.90.

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.