StockNews.com Initiates Coverage on Impac Mortgage (NYSE:IMH)
Investment analysts at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH – Get Free Report) in a report released on Saturday. The firm set a “hold” rating on the stock.
Impac Mortgage Price Performance
Shares of IMH opened at $0.03 on Friday. Impac Mortgage has a 1-year low of $0.12 and a 1-year high of $0.88. The stock has a market cap of $1.01 million, a PE ratio of -0.02 and a beta of 0.90. The firm has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04.
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.
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