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

StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the stock.

Impac Mortgage Price Performance

Shares of NYSE IMH opened at $0.03 on Friday. The firm has a market cap of $1.10 million, a price-to-earnings ratio of -0.02 and a beta of 0.90. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88. The business’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.03.

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.