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

Equities researchers at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Price Performance

Shares of NYSE:IMH opened at $0.02 on Friday. Impac Mortgage has a twelve month low of $0.12 and a twelve month high of $0.88. The stock’s 50 day moving average is $0.03 and its 200-day moving average is $0.03. The firm has a market capitalization of $731,380.00, a price-to-earnings ratio of -0.01 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.