Impax Asset Management Group Plc (LON:IPX - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 156.97 ($2.12) and traded as high as GBX 194.80 ($2.63). Impax Asset Management Group shares last traded at GBX 190.80 ($2.58), with a volume of 463,495 shares changing hands.
Analyst Ratings Changes
Separately, Berenberg Bank reduced their target price on shares of Impax Asset Management Group from GBX 440 ($5.94) to GBX 330 ($4.46) and set a "buy" rating on the stock in a research report on Tuesday, April 8th.
Check Out Our Latest Research Report on IPX
Impax Asset Management Group Trading Down 0.4%
The stock has a market capitalization of £248.06 million, a PE ratio of 6.24, a P/E/G ratio of 5.05 and a beta of 1.64. The company has a current ratio of 3.23, a quick ratio of 2.26 and a debt-to-equity ratio of 5.94. The stock has a 50 day moving average price of GBX 157.75 and a 200-day moving average price of GBX 202.94.
Impax Asset Management Group (LON:IPX - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported GBX 9.80 ($0.13) earnings per share for the quarter. Impax Asset Management Group had a return on equity of 32.67% and a net margin of 22.60%.
Impax Asset Management Group Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, February 20th were given a dividend of GBX 22.90 ($0.31) per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a dividend yield of 7.12%. This is a positive change from Impax Asset Management Group's previous dividend of $4.70. Impax Asset Management Group's dividend payout ratio is presently 89.19%.
About Impax Asset Management Group
(
Get Free Report)
Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.
We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.
See Also
Before you consider Impax Asset Management Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Impax Asset Management Group wasn't on the list.
While Impax Asset Management Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
