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

Equities researchers at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Trading Up 29.6 %

Impac Mortgage stock opened at $0.04 on Wednesday. The stock has a market cap of $1.43 million, a P/E ratio of -0.02 and a beta of 0.90. The company has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.04. Impac Mortgage has a 12-month low of $0.12 and a 12-month 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.