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Impax Environmental Markets (LON:IEM) Shares Cross Above Fifty Day Moving Average - What's Next?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report)'s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 386.19 ($5.05) and traded as high as GBX 393.88 ($5.15). Impax Environmental Markets shares last traded at GBX 390 ($5.10), with a volume of 607,185 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 stock has a market cap of £995.05 million, a PE ratio of -9,850.00 and a beta of 0.79. The business has a 50-day moving average price of GBX 386.33 and a 200 day moving average price of GBX 390.54.

Impax Environmental Markets Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th were issued a GBX 1.80 ($0.02) dividend. The ex-dividend date was Thursday, August 15th. This represents a dividend yield of 0.47%. Impax Environmental Markets's payout ratio is currently -12,500.00%.

Insider Activity at Impax Environmental Markets

In other news, insider Stephanie Eastment bought 1,000 shares of the company's stock in a transaction that occurred on Thursday, October 3rd. The stock was bought at an average price of GBX 392 ($5.13) per share, for a total transaction of £3,920 ($5,130.22). 2.76% of the stock is currently owned by insiders.

About Impax Environmental Markets

(Get Free Report)

Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.

Further Reading

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