Impax Environmental Markets (LON:IEM) Hits New 12-Month Low – Time to Sell?

Impax Environmental Markets (LON:IEM) hit a new 52-week low during 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 trading hands. The stock had previously closed at GBX 379 ($4.76).

Impax Environmental Markets Trading Down 1.9 %

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 business’s fifty day moving average is GBX 386.31 and its 200 day moving average is GBX 387.70. The stock has a market cap of £933.23 million, a PE ratio of -9,292.15 and a beta of 0.79.

Insider Activity

In other Impax Environmental Markets news, insider Guy Walker acquired 5,278 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of GBX 379 ($4.76) per share, for a total transaction of £20,003.62 ($25,149.13). Also, insider Stephanie Eastment acquired 1,000 shares of the stock in a transaction that occurred 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 ($4,928.34). 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.