Impax Environmental Markets (LON:IEM) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Impax Environmental Markets (LON:IEMGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 400.61 and traded as low as GBX 395. Impax Environmental Markets shares last traded at GBX 396.50, with a volume of 100,126 shares changing hands.

Impax Environmental Markets Stock Down 0.1%

The company’s 50-day simple moving average is GBX 400.44 and its two-hundred day simple moving average is GBX 393.94. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90. The firm has a market capitalization of £754.98 million, a P/E ratio of -19.15 and a beta of 0.79.

Impax Environmental Markets Company Profile

(Get Free Report)

The Company’s objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. Investments are made predominantly in quoted companies which provide, utilise, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management (which includes sustainable food, agriculture and forestry).

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