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

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Performance

Impac Mortgage stock opened at $0.04 on Wednesday. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88. The firm has a market capitalization of $1.62 million, a PE ratio of -0.03 and a beta of 0.90. The business’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.05.

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.