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

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

Impac Mortgage Stock Up 15.6 %

Shares of NYSE:IMH opened at $0.05 on Thursday. The company has a market capitalization of $1.74 million, a P/E ratio of -0.03 and a beta of 0.90. The stock’s fifty day simple moving average is $0.05 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.

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.