Impax Environmental Markets (LON:IEM) Stock Price Passes Below 50 Day Moving Average - What's Next?

Key Points

• Impax Environmental Markets' shares fell below their 50-day moving average, trading at GBX 396 ($5.32) with a volume of 353,922 shares on Monday.
• The company has a **debt-to-equity ratio** of **7.65**, along with a market capitalization of **£790.50 million**, suggesting significant leverage and financial risks.
• In its latest earnings report, Impax reported an **EPS of GBX 3.44**, but also had a **negative return on equity** of **0.93%** and an alarming **negative net margin** of **691.26%**.

Shares of Impax Environmental Markets (LON:IEM - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 394.39 ($5.30) and traded as low as GBX 393.80 ($5.29). Impax Environmental Markets shares last traded at GBX 396 ($5.32), with a volume of 353,922 shares traded.

Impax Environmental Markets Stock Down 0.4%

The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90. The stock has a market capitalization of £790.50 million, a P/E ratio of -1,904.88 and a beta of 0.79. The firm has a 50-day simple moving average of GBX 394.39 and a 200 day simple moving average of GBX 372.52.

Impax Environmental Markets (LON:IEM - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported GBX 3.44 EPS for the quarter. Impax Environmental Markets had a negative return on equity of 0.93% and a negative net margin of 691.26%.

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).

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