Impax Environmental Markets (LON:IEM) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Impax Environmental Markets (LON:IEMGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 444.09 and traded as low as GBX 441. Impax Environmental Markets shares last traded at GBX 442, with a volume of 1,042,712 shares.

Impax Environmental Markets Price Performance

The stock has a 50 day moving average of GBX 443.59 and a 200-day moving average of GBX 438.85. The company has a current ratio of 3.19, a quick ratio of 1.90 and a debt-to-equity ratio of 10.70. The stock has a market capitalization of £172.92 million, a P/E ratio of -64.21 and a beta of 1.17.

Impax Environmental Markets Company Profile

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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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