Impax Environmental Markets (LON:IEM) Stock Passes Below 50-Day Moving Average – What’s Next?

Impax Environmental Markets (LON:IEMGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 441.26 and traded as low as GBX 438. Impax Environmental Markets shares last traded at GBX 440, with a volume of 419,764 shares changing hands.

Impax Environmental Markets Stock Performance

The company has a quick ratio of 1.90, a current ratio of 3.19 and a debt-to-equity ratio of 10.70. The firm has a 50-day moving average price of GBX 440.85 and a two-hundred day moving average price of GBX 439.84. The firm has a market cap of £170.20 million, a PE ratio of -63.20 and a beta of 1.17.

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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