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

Equities research analysts at StockNews.com initiated 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 Price Performance

Shares of Impac Mortgage stock opened at $0.22 on Monday. The company has a market cap of $8.22 million, a PE ratio of -0.13 and a beta of 0.90. The firm has a fifty day moving average price of $0.05 and a two-hundred day moving average price of $0.04. Impac Mortgage has a fifty-two week low of $0.12 and a fifty-two week 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.