Impax Environmental Markets (LON:IEM) Shares Cross Below Fifty Day Moving Average – What’s Next?

Shares of Impax Environmental Markets (LON:IEMGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 traded.

Impax Environmental Markets Price Performance

The firm has a market cap of £173.12 million, a price-to-earnings ratio of -64.29 and a beta of 1.15. The company’s fifty day moving average is GBX 439.10 and its 200 day moving average is GBX 440.21. The company has a quick ratio of 1.90, a current ratio of 3.19 and a debt-to-equity ratio of 10.70.

About Impax Environmental Markets

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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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