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

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH) in a report published on Wednesday. The firm issued a hold rating on the stock.

Impac Mortgage Price Performance

IMH opened at $0.05 on Wednesday. The company has a market capitalization of $1.76 million, a PE ratio of -0.03 and a beta of 0.90. The firm has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88.

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.