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

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 347.29 ($4.64) and traded as high as GBX 378.50 ($5.06). Impax Environmental Markets shares last traded at GBX 378.50 ($5.06), with a volume of 2,332,498 shares traded.

Impax Environmental Markets Stock Performance

The business's fifty day moving average is GBX 348.22 and its two-hundred day moving average is GBX 373.24. 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 firm has a market cap of £872.88 million, a price-to-earnings ratio of -93.52 and a beta of 0.79.

Insider Buying and Selling at Impax Environmental Markets

In other news, insider Elizabeth Surkovic bought 1,461 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was acquired at an average price of GBX 342 ($4.57) per share, with a total value of £4,996.62 ($6,673.73). Company insiders own 2.78% of the company's stock.

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

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