Impac Mortgage (NYSE:IMH) Receives New Coverage from Analysts at StockNews.com

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

Impac Mortgage Price Performance

Shares of NYSE:IMH opened at $0.03 on Thursday. The stock has a market cap of $1.06 million, a P/E ratio of -0.02 and a beta of 0.90. The firm has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.03. Impac Mortgage has a 1-year low of $0.12 and a 1-year high of $0.88.

About Impac Mortgage

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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.

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