Impac Mortgage (NYSE:IMH) Research Coverage Started at StockNews.com

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

Impac Mortgage Stock Down 10.2 %

Impac Mortgage stock opened at $0.04 on Wednesday. The business has a 50 day moving average price of $0.04 and a two-hundred day moving average price of $0.05. The stock has a market cap of $1.64 million, a price-to-earnings ratio of -0.03 and a beta of 0.90. Impac Mortgage has a 12 month low of $0.12 and a 12 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.