Impac Mortgage Holdings Inc. (IMH) Plunges 6.48% on October 01

Equities Staff  |

Impac Mortgage Holdings Inc. (IMH) had a rough trading day for Tuesday October 01 as shares tumbled 6.48%, or a loss of $-0.51 per share, to close at $7.36. After opening the day at $7.89, shares of Impac Mortgage Holdings Inc. traded as high as $7.89 and as low as $7.35. Volume was 18,039 shares over 167 trades, against an average daily volume of n/a shares and a total float of 21.18 million.

As a result of the decline, Impac Mortgage Holdings Inc. now has a market cap of $155.89 million. In the last year, shares of Impac Mortgage Holdings Inc. have traded between a range of $7.89 and $2.81, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Impac Mortgage Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for IMH.

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Impac Mortgage Holdings Inc is an independent residential mortgage lender. The company's segments include Mortgage Lending, Real Estate Services, and the Long-Term Mortgage Portfolio. Mortgage lending segment provides mortgage lending products through three lending channels, retail, wholesale and correspondent, retains mortgage servicing rights and provides warehouse lending facilities. Its Real estate services segment performs master servicing and provides loss mitigation services for securitized long-term mortgage portfolio, and Long-term mortgage portfolio consists of residual interests in securitization trusts.

Impac Mortgage Holdings Inc. is based out of Irvine, CA and has some 417 employees. Its CEO is George A. Mangiaracina.

Impac Mortgage Holdings Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Impac Mortgage Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: IMH’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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