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Impax Environmental Markets (LON:IEM) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 367.66 ($5.02) and traded as high as GBX 382 ($5.21). Impax Environmental Markets shares last traded at GBX 381.97 ($5.21), with a volume of 344,094 shares.

Impax Environmental Markets Price Performance

The firm has a 50-day moving average of GBX 367.66 and a two-hundred day moving average of GBX 370.40. The firm has a market capitalization of £886.81 million, a PE ratio of -95.02 and a beta of 0.79. The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65.

About Impax Environmental Markets

(Get Free Report)

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).

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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