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

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a research report issued on Saturday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Stock Performance

Shares of IMH stock opened at $0.22 on Friday. The company has a market capitalization of $8.22 million, a price-to-earnings ratio of -0.01 and a beta of 0.90. Impac Mortgage has a twelve month low of $0.12 and a twelve month high of $0.88. The stock’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.03.

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.