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

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

Impac Mortgage Price Performance

Shares of NYSE IMH opened at $0.02 on Tuesday. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88. The business has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.03. The company has a market cap of $731,380.00, a P/E ratio of -0.01 and a beta of 0.90.

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.