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

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

Impac Mortgage Trading Down 11.2 %

Shares of IMH opened at $0.04 on Thursday. The company’s 50 day simple moving average is $0.05 and its 200-day simple moving average is $0.05. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The firm has a market cap of $1.50 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.