Impax Asset Management Group plc (LON:IPX – Get Rating)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 538 ($6.50) and last traded at GBX 538 ($6.50), with a volume of 39281 shares traded. The stock had previously closed at GBX 555 ($6.71).
Analysts Set New Price Targets
Separately, Berenberg Bank dropped their price objective on shares of Impax Asset Management Group from GBX 1,250 ($15.10) to GBX 1,000 ($12.08) and set a “buy” rating for the company in a research report on Thursday, July 7th.
Impax Asset Management Group Stock Down 2.8 %
The firm’s 50-day moving average price is GBX 638.72 and its 200-day moving average price is GBX 728.23. The company has a market cap of £725.64 million and a price-to-earnings ratio of 1,443.59. The company has a debt-to-equity ratio of 7.92, a current ratio of 2.75 and a quick ratio of 2.75.
Impax Asset Management Group Company Profile
Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it 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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