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

StockNews.com initiated coverage on shares of Impac Mortgage (NYSE:IMHGet Rating) in a report released on Thursday. The firm set a “hold” rating on the stock.

Shares of Impac Mortgage stock opened at $0.69 on Thursday. The business has a 50-day simple moving average of $0.73. The stock has a market cap of $14.80 million, a P/E ratio of -3.14 and a beta of 0.61. The company has a debt-to-equity ratio of 169.58, a quick ratio of 0.12 and a current ratio of 1.20. Impac Mortgage has a 1 year low of $0.60 and a 1 year high of $2.78.

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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