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Impax Environmental Markets (LON:IEM) Stock Passes Above 50 Day Moving Average - Here's What Happened

Impax Environmental Markets logo with Financial Services background

Key Points

  • Impax Environmental Markets' stock price recently crossed above its 50-day moving average of GBX 387.26, reaching a high of GBX 399 during trading.
  • The company reported a negative return on equity of 0.93% and a significant net margin of -691.26% for its latest quarter.
  • With a market capitalization of £922.79 million, Impax focuses on investments in environmental markets, particularly in sectors such as alternative energy and waste management.
  • Need better tools to track Impax Environmental Markets? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Impax Environmental Markets (LON:IEM - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 387.26 ($5.22) and traded as high as GBX 399 ($5.38). Impax Environmental Markets shares last traded at GBX 398 ($5.37), with a volume of 580,970 shares trading hands.

Impax Environmental Markets Stock Down 0.1%

The company has a market cap of £922.79 million, a P/E ratio of -98.87 and a beta of 0.79. The company has a 50 day moving average of GBX 387.26 and a 200-day moving average of GBX 370.47. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90.

Impax Environmental Markets (LON:IEM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported GBX 3.44 earnings per share (EPS) for the quarter. Impax Environmental Markets had a negative return on equity of 0.93% and a negative net margin of 691.26%.

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).

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