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

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

Impac Mortgage Stock Performance

IMH stock opened at $0.05 on Tuesday. The firm has a market cap of $1.83 million, a PE ratio of -0.03 and a beta of 0.90. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The firm’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.05.

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.