StockNews.com Begins Coverage on Impac Mortgage (NYSE:IMH)

Investment analysts at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

Impac Mortgage Price Performance

Shares of Impac Mortgage stock opened at $0.05 on Tuesday. Impac Mortgage has a 1-year low of $0.12 and a 1-year high of $0.88. The company’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.05. The stock has a market capitalization of $1.83 million, a PE ratio of -0.03 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.