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

Analysts at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a report released on Sunday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Stock Performance

Shares of IMH stock opened at $0.04 on Friday. The firm’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.04. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The firm has a market capitalization of $1.28 million, a P/E 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.