Impac Mortgage (NYSE:IMH) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Impac Mortgage (NYSE:IMHGet Rating) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the stock.

NYSE IMH opened at $0.65 on Wednesday. The business’s 50 day simple moving average is $0.72. Impac Mortgage has a 52-week low of $0.60 and a 52-week high of $2.54. The company has a current ratio of 1.57, a quick ratio of 0.50 and a debt-to-equity ratio of 10.05. The company has a market cap of $13.88 million, a PE ratio of -2.49 and a beta of 0.60.

About Impac Mortgage (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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