Impac Mortgage (NYSE:IMH) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMH – Get Rating) in a research report issued on Tuesday. The firm set a “hold” rating on the stock.

Shares of IMH opened at $0.69 on Tuesday. Impac Mortgage has a 52-week low of $0.66 and a 52-week high of $2.78. The company has a debt-to-equity ratio of 169.58, a quick ratio of 0.12 and a current ratio of 1.20. The business’s fifty day simple moving average is $0.75. The firm has a market cap of $14.72 million, a PE ratio of -3.12 and a beta of 0.62.

Impac Mortgage Company Profile (Get Rating)

Impac Mortgage Holdings, Inc operates as a residential mortgage lender in the United States. It operates through three segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. The Mortgage Lending segment provides mortgage lending products through three lending channels, such as retail, wholesale, and correspondent and opportunistically retain mortgage servicing rights.

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