StockNews.com Initiates Coverage on Impac Mortgage (NYSE:IMH)

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a report published on Wednesday morning. The firm issued a hold rating on the stock.

Impac Mortgage Stock Performance

Shares of NYSE IMH opened at $0.04 on Wednesday. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The firm has a market capitalization of $1.42 million, a P/E ratio of -0.02 and a beta of 0.90. The company’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.04.

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.