Does Impac Mortgage Holdings Inc. (IMH)s Current Price Volatility Hinder Its Future Potential?
Impac Mortgage Holdings Inc. (AMEX:IMH) has a beta value of 0.61 and has seen 1.87 million shares traded in the last trading session. The company, currently valued at $46.30M, closed the last trade at $2.24 per share which meant it gained $0.07 on the day or 3.23% during that session. The IMH stock price is -84.82% off its 52-week high price of $4.14 and 50.89% above the 52-week low of $1.10. If we look at the companys 10-day average daily trading volume, we find that it stood at 0.64 million shares traded. The 3-month trading volume is 214.40K shares. Impac Mortgage Holdings Inc. (AMEX:IMH) trade information  Sporting 3.23% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 06/11/21 when the IMH stock price touched $2.24 or saw a rise of 19.42%. Year-to-date, Impac Mortgage Holdings Inc. shares have moved -26.32%, while the 5-day performance has seen it change 12.56%. Over the past 30 days, the shares of Impac Mortgage Holdings Inc. (AMEX:IMH) have changed 13.13%. Short interest in the company has seen 87750.0 shares shorted with days to cover at 0.9. Wall Street analysts have a consensus price target for the stock at $14.00, which means that the shares value could jump 84.0% from current levels. The projected low price target is $14.00 while the price target rests at a high of $14.00. In that case, then, we find that the current price level is -525.0% off the targeted high while a plunge would see the stock gain -525.0% from current levels. Impac Mortgage Holdings Inc. (IMH) estimates and forecasts  The companys shares have lost -28.89% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -1,131.90%. 1 analysts offering their estimates for the company have set an average revenue estimate of $22.6 million for the current quarter. 1 have an estimated revenue figure of $21.2 million for the next quarter concluding in Sep 2021. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -21.50% over the past 5 years. IMH Dividends  Impac Mortgage Holdings Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Impac Mortgage Holdings Inc. (AMEX:IMH)s Major holders  Insiders own 43.42% of the company shares, while shares held by institutions stand at 12.49% with a share float percentage of 22.07%. Investors are also buoyed by the number of investors in a company, with Impac Mortgage Holdings Inc. having a total of 29 institutions that hold shares in the company. The top two institutional holders are HighTower Advisors, LLC with over 0.84 million shares worth more than $1.68 million. As of Mar 30, 2021, HighTower Advisors, LLC held 3.93% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 0.44 million shares as of Mar 30, 2021. The firms total holdings are worth over $0.89 million and represent 2.07% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 1.14% shares in the company for having 0.24 million shares of worth $0.49 million while later fund manager owns 0.18 million shares of worth $0.36 million as of Mar 30, 2021, which makes it owner of about 0.85% of companys outstanding stock.