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Impax Environmental Markets (LON:IEM) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 362.76 ($4.98) and traded as high as GBX 371 ($5.09). Impax Environmental Markets shares last traded at GBX 370.03 ($5.08), with a volume of 391,373 shares changing hands.

Impax Environmental Markets Price Performance

The stock has a market cap of £864.76 million, a price-to-earnings ratio of -92.65 and a beta of 0.79. The company has a 50 day simple moving average of GBX 362.76 and a 200-day simple moving average of GBX 370.55. The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65.

Insider Activity at Impax Environmental Markets

In other Impax Environmental Markets news, insider Elizabeth Surkovic purchased 1,461 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of GBX 342 ($4.69) per share, with a total value of £4,996.62 ($6,856.90). 2.78% of the stock is owned by insiders.

Impax Environmental Markets Company Profile

(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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