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

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

Impac Mortgage Price Performance

Impac Mortgage stock opened at $0.04 on Friday. The business has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88. The company has a market cap of $1.63 million, a P/E 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.