Impax Environmental Markets (LON:IEM) Reaches New 1-Year Low – Here’s Why

Impax Environmental Markets (LON:IEMGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 347.50 ($4.49) and last traded at GBX 349.17 ($4.51), with a volume of 3621958 shares changing hands. The stock had previously closed at GBX 355 ($4.59).

Impax Environmental Markets Price Performance

The stock’s 50-day moving average is GBX 383.62 and its 200 day moving average is GBX 385.45. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.90 and a current ratio of 2.19. The stock has a market capitalization of £808.43 million, a PE ratio of -86.62 and a beta of 0.79.

About Impax Environmental Markets

(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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