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

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

Impac Mortgage Trading Up 12.5%

Shares of IMH stock opened at $0.03 on Thursday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The company has a market cap of $1.25 million, a PE ratio of -0.02 and a beta of 0.90. The business’s fifty day simple moving average is $0.04 and its 200-day simple moving average is $0.05.

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.