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

Impax Environmental Markets (LON:IEMGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 399.06 and traded as low as GBX 395. Impax Environmental Markets shares last traded at GBX 398.50, with a volume of 2,430,975 shares traded.

Impax Environmental Markets Trading Up 0.5%

The company has a quick ratio of 1.90, a current ratio of 2.19 and a debt-to-equity ratio of 7.65. The company has a market cap of £758.79 million, a price-to-earnings ratio of -19.24 and a beta of 0.79. The firm has a 50 day moving average price of GBX 399.06 and a two-hundred day moving average price of GBX 394.77.

Impax Environmental Markets Company Profile

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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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