Impax Environmental Markets (LON:IEM) Sets New 52-Week Low – Time to Sell?

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

Impax Environmental Markets Price Performance

The firm has a 50-day simple moving average of GBX 381.39 and a 200-day simple moving average of GBX 385.03. The firm has a market cap of £814.84 million, a P/E ratio of -87.31 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.

Impax Environmental Markets Company Profile

(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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