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Impax Environmental Markets (LON:IEM) Stock Price Crosses Below Fifty Day Moving Average - Time to Sell?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 350.93 ($4.69) and traded as low as GBX 342 ($4.57). Impax Environmental Markets shares last traded at GBX 344.12 ($4.60), with a volume of 451,640 shares traded.

Impax Environmental Markets Stock Down 0.1 %

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 firm has a 50 day moving average of GBX 348.32 and a two-hundred day moving average of GBX 374.72. The firm has a market capitalization of £821.81 million, a price-to-earnings ratio of -88.05 and a beta of 0.79.

Insider Buying and Selling

In related news, insider Elizabeth Surkovic purchased 1,461 shares of Impax Environmental Markets stock in a transaction on Thursday, April 3rd. The shares were purchased at an average price of GBX 342 ($4.57) per share, for a total transaction of £4,996.62 ($6,671.95). 2.78% of the stock is owned by corporate insiders.

Impax Environmental Markets Company Profile

(Get Free Report)

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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