Impax Environmental Markets (LON:IEM) Shares Pass Above Fifty Day Moving Average of $416.67

Impax Environmental Markets plc (LON:IEMGet Rating) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 416.67 ($4.93) and traded as high as GBX 446.50 ($5.28). Impax Environmental Markets shares last traded at GBX 440 ($5.20), with a volume of 134,261 shares traded.

Impax Environmental Markets Price Performance

The company has a debt-to-equity ratio of 4.14, a current ratio of 1.90 and a quick ratio of 1.90. The company’s 50-day simple moving average is GBX 416.67 and its 200-day simple moving average is GBX 424.18. The stock has a market capitalization of £1.34 billion and a P/E ratio of 517.65.

About Impax Environmental Markets

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Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.

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