Impac Mortgage (NYSE:IMH) Receives New Coverage from Analysts at StockNews.com

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

Impac Mortgage Price Performance

Shares of IMH stock opened at $0.03 on Thursday. Impac Mortgage has a 1 year low of $0.12 and a 1 year high of $0.88. The firm has a fifty day moving average price of $0.03 and a 200-day moving average price of $0.03. The company has a market cap of $1.06 million, a price-to-earnings ratio of -0.02 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.