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

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

Impac Mortgage Price Performance

NYSE:IMH opened at $0.22 on Thursday. Impac Mortgage has a one year low of $0.12 and a one year high of $0.88. The company has a fifty day moving average price of $0.05 and a 200 day moving average price of $0.04. The stock has a market cap of $8.22 million, a P/E 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.