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Impax Environmental Markets (LON:IEM) Sets New 12-Month Low - Here's What Happened

Impax Environmental Markets logo with Financial Services background
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Impax Environmental Markets (LON:IEM - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 363 ($4.70) and last traded at GBX 364.50 ($4.71), with a volume of 1188233 shares changing hands. The stock had previously closed at GBX 369 ($4.77).

Impax Environmental Markets Price Performance

The stock has a market capitalization of £840.38 million, a price-to-earnings ratio of -90.04 and a beta of 0.79. The business's fifty day moving average price is GBX 389.31 and its 200-day moving average price is GBX 386.77. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90.

About Impax Environmental Markets

(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).

Further Reading

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