Shares of Impax Asset Management Group Plc (LON:IPX - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 360.70 ($4.46) and traded as low as GBX 241.50 ($2.99). Impax Asset Management Group shares last traded at GBX 247 ($3.06), with a volume of 78,051 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank decreased their target price on Impax Asset Management Group from GBX 560 ($6.93) to GBX 510 ($6.31) and set a "buy" rating on the stock in a research report on Friday, December 13th.
View Our Latest Research Report on IPX
Impax Asset Management Group Stock Up 1.0 %
The stock has a fifty day moving average price of GBX 310.09 and a two-hundred day moving average price of GBX 359.92. The company has a market cap of £319.26 million, a price-to-earnings ratio of 804.84, a P/E/G ratio of 5.05 and a beta of 1.64. The company has a quick ratio of 2.26, a current ratio of 3.59 and a debt-to-equity ratio of 6.93.
Impax Asset Management Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be issued a GBX 22.90 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 7.12%. This is an increase from Impax Asset Management Group's previous dividend of $4.70. Impax Asset Management Group's payout ratio is currently 9,032.26%.
Impax Asset Management Group Company Profile
(
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Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.
We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.
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