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

StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a research note issued to investors on Tuesday. The firm issued a hold rating on the stock.

Impac Mortgage Stock Performance

Shares of NYSE IMH opened at $0.04 on Tuesday. The stock has a market cap of $1.50 million, a price-to-earnings ratio of -0.02 and a beta of 0.90. The business has a 50 day simple moving average of $0.05 and a 200 day simple moving average of $0.03. 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.