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

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

Impac Mortgage Price Performance

IMH stock opened at $0.05 on Thursday. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88. The company’s 50 day simple moving average is $0.05 and its 200-day simple moving average is $0.04. The firm has a market capitalization of $1.76 million, a P/E ratio of -0.03 and a beta of 0.90.

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.