Impax Environmental Markets (LON:IEM) Shares Cross Below 200-Day Moving Average of $390.61

Shares of Impax Environmental Markets (LON:IEM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 390.61 ($5.23) and traded as low as GBX 382.50 ($5.12). Impax Environmental Markets shares last traded at GBX 389 ($5.21), with a volume of 1,250,535 shares changing hands.

Impax Environmental Markets Stock Up 0.9 %

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 386.90 and its two-hundred day moving average price is GBX 390.60. The firm has a market cap of £997.84 million, a PE ratio of -9,837.50 and a beta of 0.79.

Impax Environmental Markets Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th were paid a GBX 1.80 ($0.02) dividend. This represents a dividend yield of 0.47%. The ex-dividend date was Thursday, August 15th. Impax Environmental Markets’s dividend payout ratio (DPR) is -12,500.00%.

About Impax Environmental Markets

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.