Share on StockTwits

Imperial Holdings (NYSE:IFT) issued its quarterly earnings data on Wednesday. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.45, Analyst Ratings News reports.

Shares of Imperial Holdings (NYSE:IFT) traded up 0.44% during mid-day trading on Wednesday, hitting $6.86. 52,835 shares of the company’s stock traded hands. Imperial Holdings has a one year low of $4.71 and a one year high of $7.55. The stock has a 50-day moving average of $6.66 and a 200-day moving average of $6.29. The company has a market cap of $146.4 million and a P/E ratio of 2.19. Imperial Holdings also was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 1,070,950 shares, a decline of 47.9% from the June 30th total of 2,056,416 shares. Based on an average daily trading volume, of 72,545 shares, the days-to-cover ratio is presently 14.8 days. Approximately 5.3% of the shares of the stock are sold short.

Imperial Holdings, Inc (NYSE:IFT) is a specialty finance company with a focus on providing premium financing for individual life insurance policies issued by insurance companies and purchasing structured settlements backed by annuities issued by insurance companies or their affiliates.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.