Impax Asset Management Group Plc (LON:IPX) Insider Buys £58,630 in Stock

Impax Asset Management Group Plc (LON:IPX) insider William Simon O’Regan purchased 13,000 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were acquired at an average cost of GBX 451 ($5.70) per share, with a total value of £58,630 ($74,093.26).

Impax Asset Management Group Stock Down 0.5 %

Shares of LON:IPX opened at GBX 464.50 ($5.87) on Friday. The business has a fifty day simple moving average of GBX 485.39 and a 200 day simple moving average of GBX 474.90. Impax Asset Management Group Plc has a 12-month low of GBX 350 ($4.42) and a 12-month high of GBX 871 ($11.01). The firm has a market cap of £596.05 million, a P/E ratio of 1,548.33, a P/E/G ratio of 5.05 and a beta of 1.51. The company has a quick ratio of 2.26, a current ratio of 3.15 and a debt-to-equity ratio of 6.53.

Impax Asset Management Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, February 8th were paid a GBX 22.90 ($0.29) dividend. This is a positive change from Impax Asset Management Group’s previous dividend of $4.70. This represents a dividend yield of 5.08%. The ex-dividend date of this dividend was Thursday, February 8th. Impax Asset Management Group’s payout ratio is currently 9,333.33%.

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.