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

Equities research analysts at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Price Performance

NYSE IMH opened at $0.03 on Thursday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The company has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.03. The firm has a market cap of $1.06 million, a price-to-earnings 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.