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Impax Environmental Markets (LON:IEM) Shares Cross Below 50-Day Moving Average - Here's What Happened

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 382.86 ($4.67) and traded as low as GBX 382 ($4.66). Impax Environmental Markets shares last traded at GBX 386 ($4.71), with a volume of 633,523 shares.

Impax Environmental Markets Price Performance

The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65. The business has a fifty day simple moving average of GBX 382.86 and a 200 day simple moving average of GBX 386.21. The stock has a market capitalization of £976.70 million, a P/E ratio of -9,725.00 and a beta of 0.79.

Insiders Place Their Bets

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of Impax Environmental Markets stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of GBX 379 ($4.63) per share, with a total value of £20,003.62 ($24,421.46). Corporate insiders own 2.78% of the company's stock.

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).

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