Impax Asset Management Group Plc (LON:IPX - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 159.81 ($2.13) and traded as high as GBX 173.80 ($2.31). Impax Asset Management Group shares last traded at GBX 173.60 ($2.31), with a volume of 456,151 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank decreased their price objective on shares of Impax Asset Management Group from GBX 440 ($5.85) to GBX 330 ($4.39) and set a "buy" rating for the company in a research note on Tuesday, April 8th.
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Impax Asset Management Group Stock Performance
The company has a quick ratio of 2.26, a current ratio of 3.23 and a debt-to-equity ratio of 5.94. The firm has a 50 day moving average of GBX 159.47 and a 200-day moving average of GBX 220.48. The company has a market cap of £218.92 million, a P/E ratio of 5.50, a PEG ratio of 5.05 and a beta of 1.64.
Impax Asset Management Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, February 20th were paid a dividend of GBX 22.90 ($0.30) per share. The ex-dividend date of this dividend was Thursday, February 20th. This is an increase from Impax Asset Management Group's previous dividend of $4.70. This represents a dividend yield of 7.12%. Impax Asset Management Group's dividend payout ratio (DPR) is currently 89.19%.
Impax Asset Management Group Company Profile
(
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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.
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