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

Equities researchers at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a report issued on Monday. The firm set a “hold” rating on the stock.

Impac Mortgage Stock Performance

Impac Mortgage stock opened at $0.04 on Monday. The business’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.05. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88. The firm has a market capitalization of $1.37 million, a PE ratio of -0.02 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.