Impax Environmental Markets (LON:IEM) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Impax Environmental Markets (LON:IEM)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 435.35 and traded as low as GBX 427.50. Impax Environmental Markets shares last traded at GBX 430.46, with a volume of 445,529 shares.

Impax Environmental Markets Stock Down 0.1%

The stock has a market capitalization of £167.09 million, a PE ratio of -62.05 and a beta of 1.22. The firm’s fifty day moving average is GBX 451.23 and its 200-day moving average is GBX 435.55. The company has a quick ratio of 1.90, a current ratio of 3.19 and a debt-to-equity ratio of 10.70.

Insider Activity at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker sold 22,858 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 495, for a total transaction of £113,147.10. Also, insider Stephanie Eastment sold 17,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 495, for a total value of £84,150. Insiders have sold a total of 90,957 shares of company stock worth $45,023,715 in the last three months. 0.30% of the stock is currently owned by corporate insiders.

About Impax Environmental Markets

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).