Impax Environmental Markets (LON:IEM) Stock Passes Below 200 Day Moving Average of $484.02

Impax Environmental Markets plc (LON:IEM) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 484.02 ($6.32) and traded as low as GBX 484 ($6.32). Impax Environmental Markets shares last traded at GBX 494 ($6.45), with a volume of 236,936 shares traded.

The stock’s 50 day moving average price is GBX 514.87 and its 200-day moving average price is GBX 484.09. The company has a quick ratio of 11.83, a current ratio of 11.83 and a debt-to-equity ratio of 3.68. The stock has a market capitalization of £1.49 billion and a PE ratio of 3.26.

The company also recently disclosed a dividend, which was paid on Friday, August 27th. Stockholders of record on Thursday, August 5th were paid a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, August 5th. This is a boost from Impax Environmental Markets’s previous dividend of $1.00. This represents a dividend yield of 0.27%. Impax Environmental Markets’s dividend payout ratio is 0.02%.

In other news, insider Stephanie Eastment acquired 2,000 shares of Impax Environmental Markets stock in a transaction dated Friday, August 27th. The stock was purchased at an average cost of GBX 514 ($6.72) per share, with a total value of £10,280 ($13,430.89).

About Impax Environmental Markets (LON:IEM)

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.

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