Impax Environmental Markets (LON:IEM) Sets New 12-Month Low – Should You Sell?

Shares of Impax Environmental Markets (LON:IEM) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 366.62 ($4.66) and last traded at GBX 367.49 ($4.67), with a volume of 7741866 shares traded. The stock had previously closed at GBX 384 ($4.88).

Impax Environmental Markets Price Performance

The company has a market cap of £851.99 million, a price-to-earnings ratio of -91.29 and a beta of 0.79. The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65. The company’s 50 day moving average price is GBX 392.56 and its 200 day moving average price is GBX 388.22.

Insider Transactions at Impax Environmental Markets

In other news, insider Guy Walker bought 5,278 shares of Impax Environmental Markets stock in a transaction dated Monday, December 9th. The stock was bought at an average price of GBX 379 ($4.82) per share, for a total transaction of £20,003.62 ($25,420.79). Company insiders own 2.78% of the company’s stock.

Impax Environmental Markets Company Profile

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).