Impax Environmental Markets (LON:IEM) Sets New 1-Year Low – Time to Sell?

Impax Environmental Markets (LON:IEM) hit a new 52-week low on Monday . The stock traded as low as GBX 363 ($4.69) and last traded at GBX 364.50 ($4.71), with a volume of 1188233 shares changing hands. The stock had previously closed at GBX 369 ($4.77).

Impax Environmental Markets Trading Down 1.4 %

The firm has a market cap of £845.02 million, a price-to-earnings ratio of -90.54 and a beta of 0.79. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90. The business has a 50-day moving average of GBX 391.88 and a 200-day moving average of GBX 387.71.

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).