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Research coverage of Impac Mortgage (NYSE:IMH) began at StockNews.com

Equities research analysts at StockNews.com have begun coverage on the stock Impac Mortgage (NYSE:IMH – Get Free Report) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the stock.

Impac mortgage stock performance

Shares of Impac Mortgage stock opened at $0.03 on Friday. The stock has a market cap of $1.21 million, a price-to-earnings ratio of -0.02 and a beta of 0.90. The company’s 50-day moving average price is $0.04 and its two-hundred-day moving average price is $0.03. Impac Mortgage has a 52-week low of $0.12 and a 52-week high of $0.88.

About Impac Mortgage

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Impac Mortgage Holdings, Inc is committed to providing mortgage and real estate solutions. It operates through the following segments: mortgage, real estate services and long-term mortgage portfolio. The Mortgage Lending segment offers mortgage lending products through lending, retail, wholesale and correspondent channels and retains its mortgage servicing rights and depository lending facilities.

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