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

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

Impac Mortgage Stock Performance

Shares of NYSE:IMH remained flat at $0.04 during midday trading on Thursday. The company had a trading volume of 81,148 shares, compared to its average volume of 78,947. The company’s fifty day moving average is $0.03 and its 200 day moving average is $0.03. The firm has a market capitalization of $1.46 million, a PE ratio of -0.02 and a beta of 0.90. Impac Mortgage has a twelve month low of $0.12 and a twelve month 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.