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

StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMHFree Report) in a research note issued to investors on Friday. The brokerage issued a hold rating on the stock.

Impac Mortgage Stock Up 2.2 %

NYSE IMH opened at $0.22 on Friday. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88. The business has a 50 day moving average price of $0.03 and a 200-day moving average price of $0.03. The company has a market cap of $8.22 million, a price-to-earnings ratio of -0.01 and a beta of 0.90.

Impac Mortgage Company Profile

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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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