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

Impax Environmental Markets (LON:IEM) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 421.66 and traded as low as GBX 397.10. Impax Environmental Markets shares last traded at GBX 403.97, with a volume of 674,625 shares trading hands.

Impax Environmental Markets Stock Up 0.2%

The company’s 50-day moving average is GBX 421.66 and its 200-day moving average is GBX 408.11. The stock has a market cap of £769.20 million, a price-to-earnings ratio of -19.51 and a beta of 1.19.

Impax Environmental Markets (LON:IEM) last posted its earnings results on Monday, February 16th. The company reported GBX 4.64 earnings per share (EPS) for the quarter. Impax Environmental Markets had a negative return on equity of 4.91% and a net margin of 161.50%.

Impax Environmental Markets Company Profile

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).