Impac Mortgage (NYSE:IMH) Now Covered by StockNews.com

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

Shares of IMH opened at $0.80 on Friday. The company’s 50 day simple moving average is $0.72. The company has a debt-to-equity ratio of 10.05, a current ratio of 1.57 and a quick ratio of 0.12. Impac Mortgage has a 12-month low of $0.60 and a 12-month high of $2.78. The company has a market cap of $17.16 million, a P/E ratio of -3.08 and a beta of 0.61.

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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