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

StockNews.com started coverage on shares of Impac Mortgage (NYSE:IMH) in a research note released on Thursday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Price Performance

Shares of IMH stock opened at $0.04 on Thursday. The company has a market capitalization of $1.42 million, a PE ratio of -0.02 and a beta of 0.90. The firm’s 50-day moving average is $0.05 and its two-hundred day moving average is $0.04. Impac Mortgage has a 12 month low of $0.12 and a 12 month 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.