Impax Environmental Markets (LON:IEM) Stock Passes Below 50-Day Moving Average – Should You Sell?

Impax Environmental Markets (LON:IEMGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 439.10 and traded as low as GBX 437. Impax Environmental Markets shares last traded at GBX 446, with a volume of 183,188 shares trading hands.

Impax Environmental Markets Stock Performance

The company has a debt-to-equity ratio of 10.70, a current ratio of 3.19 and a quick ratio of 1.90. The stock has a market capitalization of £172.73 million, a PE ratio of -64.14 and a beta of 1.15. The firm has a fifty day moving average price of GBX 438.89 and a two-hundred day moving average price of GBX 440.23.

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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