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

Stock analysts at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a report released on Sunday. The firm set a “hold” rating on the stock.

Impac Mortgage Stock Up 1.9 %

Shares of Impac Mortgage stock opened at $0.04 on Friday. The firm’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.05. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The company has a market capitalization of $1.49 million, a price-to-earnings ratio of -0.02 and a beta of 0.90.

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.