Impax Environmental Markets (LON:IEM) Sets New 52-Week Low – What’s Next?

Impax Environmental Markets (LON:IEM)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 367.50 ($4.62) and last traded at GBX 370.49 ($4.66), with a volume of 776249 shares traded. The stock had previously closed at GBX 379 ($4.76).

Impax Environmental Markets Stock Down 0.3 %

The stock has a market capitalization of £934.02 million, a P/E ratio of -9,300.00 and a beta of 0.79. 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 fifty day moving average price of GBX 385.97 and a 200 day moving average price of GBX 387.53.

Insiders Place Their Bets

In related news, insider Stephanie Eastment purchased 1,000 shares of Impax Environmental Markets stock in a transaction on Thursday, October 3rd. The stock was acquired at an average cost of GBX 392 ($4.93) per share, for a total transaction of £3,920 ($4,926.48). Also, insider Guy Walker acquired 5,278 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were bought at an average cost of GBX 379 ($4.76) per share, for a total transaction of £20,003.62 ($25,139.65). 2.78% of the stock is currently owned by corporate insiders.

Impax Environmental Markets Company Profile

Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.