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

StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH) in a report issued on Friday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Down 2.7 %

NYSE IMH opened at $0.04 on Friday. The business’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.05. The firm has a market cap of $1.58 million, a PE ratio of -0.03 and a beta of 0.90. 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.