Impax Asset Management Group (LON:IPX) Share Price Passes Below 50 Day Moving Average of $268.39

Impax Asset Management Group Plc (LON:IPX)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $268.39 and traded as low as $228.00. Impax Asset Management Group shares last traded at $237.00, with a volume of 60,630 shares changing hands.

Separately, Peel Hunt reiterated an “add” rating on shares of Impax Asset Management Group in a research note on Friday, July 5th.

The firm’s 50 day moving average is GBX 267.65. The company has a debt-to-equity ratio of 11.92, a quick ratio of 2.08 and a current ratio of 2.08. The stock has a market cap of $307.78 million and a P/E ratio of 20.34.

The company also recently announced a dividend, which was paid on Friday, July 19th. Stockholders of record on Thursday, June 13th were paid a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, June 13th. Impax Asset Management Group’s dividend payout ratio (DPR) is currently 0.34%.

Impax Asset Management Group Company Profile (LON:IPX)

Impax Asset Management Group plc, through its subsidiaries, provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.

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