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

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

Impac Mortgage Price Performance

IMH opened at $0.22 on Friday. The stock has a market capitalization of $8.22 million, a price-to-earnings ratio of -0.02 and a beta of 0.90. The business has a 50-day moving average of $0.05 and a two-hundred day moving average of $0.04. Impac Mortgage has a 12 month low of $0.12 and a 12 month high of $0.88.

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.