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

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

Impac Mortgage Stock Up 18.3 %

Shares of Impac Mortgage stock opened at $0.05 on Friday. The company has a market capitalization of $1.82 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. The stock’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.05. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88.

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.