Impax Environmental Markets (LON:IEM) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Impax Environmental Markets (LON:IEM) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 387.90 ($4.92) and traded as low as GBX 379.82 ($4.82). Impax Environmental Markets shares last traded at GBX 380 ($4.82), with a volume of 1,111,337 shares trading hands.

Impax Environmental Markets Trading Down 0.5 %

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 market capitalization of £949.08 million, a price-to-earnings ratio of -9,500.00 and a beta of 0.79. The business has a 50-day moving average of GBX 386.91 and a two-hundred day moving average of GBX 387.90.

Insiders Place Their Bets

In related news, insider Guy Walker acquired 5,278 shares of the company’s stock in a transaction on Monday, December 9th. The stock was purchased at an average cost of GBX 379 ($4.81) per share, for a total transaction of £20,003.62 ($25,378.86). Also, insider Stephanie Eastment acquired 1,000 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average cost of GBX 392 ($4.97) per share, with a total value of £3,920 ($4,973.36). Corporate insiders own 2.78% of the company’s stock.

About Impax Environmental Markets

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.