Insider Buying: Impax Environmental Markets (LON:IEM) Insider Buys 7,500 Shares of Stock

Impax Environmental Markets (LON:IEM) insider Glen Suarez bought 7,500 shares of Impax Environmental Markets stock in a transaction dated Monday, April 15th. The stock was purchased at an average cost of GBX 394 ($4.90) per share, with a total value of £29,550 ($36,785.76).

Impax Environmental Markets Stock Down 2.0 %

IEM opened at GBX 384 ($4.78) on Wednesday. The company has a market cap of £1.04 billion, a PE ratio of 1,600.00 and a beta of 0.80. The business has a 50 day moving average price of GBX 392.39 and a two-hundred day moving average price of GBX 377.09. Impax Environmental Markets has a 52 week low of GBX 331.13 ($4.12) and a 52 week high of GBX 433 ($5.39). The company has a quick ratio of 1.90, a current ratio of 0.34 and a debt-to-equity ratio of 3.89.

Impax Environmental Markets Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 15th were paid a dividend of GBX 2.90 ($0.04) per share. This represents a dividend yield of 0.77%. This is an increase from Impax Environmental Markets’s previous dividend of $1.70. The ex-dividend date of this dividend was Thursday, February 15th. Impax Environmental Markets’s dividend payout ratio is 2,083.33%.

Impax Environmental Markets Company Profile

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.