Impax Environmental Markets (LON:IEM) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Key Points

• Impax Environmental Markets' stock price has recently crossed above its fifty-day moving average, reaching a high of GBX 397.50 ($5.27) during trading.
• The company has a market capitalization of £926.62 million and operates within the environmental markets focusing on cleaner and more efficient technologies.
• Impax's financial metrics include a current ratio of 2.19 and a debt-to-equity ratio of 7.65, indicating robust liquidity but also high leverage.

Impax Environmental Markets (LON:IEM - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 377.20 ($5.01) and traded as high as GBX 397.50 ($5.28). Impax Environmental Markets shares last traded at GBX 396.33 ($5.26), with a volume of 514,282 shares.

Impax Environmental Markets Stock Up 0.9%

The firm has a 50 day simple moving average of GBX 378.37 and a two-hundred day simple moving average of GBX 371.05. The company has a quick ratio of 1.90, a current ratio of 2.19 and a debt-to-equity ratio of 7.65. The stock has a market capitalization of £917.39 million, a P/E ratio of -98.29 and a beta of 0.79.

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).