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

Equities researchers at StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

Impac Mortgage Stock Performance

Impac Mortgage stock opened at $0.05 on Tuesday. Impac Mortgage has a fifty-two week low of $0.12 and a fifty-two week high of $0.88. The stock’s fifty day moving average is $0.04 and its two-hundred day moving average is $0.05. The firm has a market capitalization of $1.65 million, a price-to-earnings 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.