Impax Asset Management Group Plc (LON:IPX - Get Free Report)'s share price fell 10.9% during trading on Thursday . The stock traded as low as GBX 185 ($2.34) and last traded at GBX 185.80 ($2.35). 782,310 shares were traded during trading, an increase of 3% from the average session volume of 758,854 shares. The stock had previously closed at GBX 208.50 ($2.64).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price target on shares of Impax Asset Management Group from GBX 560 ($7.09) to GBX 510 ($6.45) and set a "buy" rating on the stock in a research note on Friday, December 13th.
View Our Latest Research Report on IPX
Impax Asset Management Group Price Performance
The company has a market capitalization of £227.13 million, a PE ratio of 5.71, a P/E/G ratio of 5.05 and a beta of 1.64. The company has a debt-to-equity ratio of 5.94, a quick ratio of 2.26 and a current ratio of 3.23. The stock has a 50 day moving average price of GBX 223.41 and a two-hundred day moving average price of GBX 313.93.
Impax Asset Management Group (LON:IPX - Get Free Report) last released its quarterly earnings data on Thursday, November 28th. The company reported GBX 28.50 ($0.36) EPS for the quarter. Impax Asset Management Group had a return on equity of 32.67% and a net margin of 22.60%.
Impax Asset Management Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, February 20th will be issued a dividend of GBX 22.90 ($0.29) per share. This is a positive change from Impax Asset Management Group's previous dividend of $4.70. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 7.12%. Impax Asset Management Group's dividend payout ratio is currently 89.19%.
About Impax Asset Management Group
(
Get Free Report)
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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