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

Investment analysts at StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH – Get Rating) in a research note issued on Monday. The firm set a “hold” rating on the stock.

Impac Mortgage Trading Up 4.3 %

NYSE:IMH opened at $0.24 on Monday. The firm has a market capitalization of $8.78 million, a price-to-earnings ratio of -0.14 and a beta of 0.90. Impac Mortgage has a 52 week low of $0.12 and a 52 week high of $0.88.

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About Impac Mortgage

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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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