StockNews.com assumed coverage on shares of Impac Mortgage (NYSE:IMH – Get Rating) in a research note issued to investors on Tuesday morning. The brokerage issued a hold rating on the stock.

Impac Mortgage Trading Up 2.4 %

Shares of IMH stock opened at $0.36 on Tuesday. Impac Mortgage has a 12-month low of $0.12 and a 12-month high of $0.88. The company has a current ratio of 11.89, a quick ratio of 8.28 and a debt-to-equity ratio of 14.83. The stock's 50-day moving average price is $0.37 and its 200-day moving average price is $0.32. The stock has a market capitalization of $7.74 million, a price-to-earnings ratio of -0.20 and a beta of 0.92.

About Impac Mortgage

(Get Rating)

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.

Further Reading

• Get a free copy of the StockNews.com research report on Impac Mortgage (IMH)
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