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

Equities researchers at StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMH) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Impac Mortgage Stock Up 41.8 %

Shares of IMH opened at $0.05 on Wednesday. The stock’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.04. The firm has a market capitalization of $1.82 million, a PE ratio of -0.03 and a beta of 0.90. 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.