Impax Environmental Markets (LON:IEM) Shares Pass Above Fifty Day Moving Average of $392.56

Impax Environmental Markets (LON:IEM)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 392.56 ($4.93) and traded as high as GBX 400.66 ($5.03). Impax Environmental Markets shares last traded at GBX 400.50 ($5.03), with a volume of 607,074 shares.

Impax Environmental Markets Stock Performance

The company has a quick ratio of 1.90, a current ratio of 0.34 and a debt-to-equity ratio of 3.89. The stock has a fifty day simple moving average of GBX 392.56 and a 200-day simple moving average of GBX 380.09. The company has a market capitalization of £1.08 billion, a P/E ratio of 1,668.75 and a beta of 0.80.

Insider Activity at Impax Environmental Markets

In other news, insider Glen Suarez acquired 7,500 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were purchased at an average cost of GBX 394 ($4.95) per share, with a total value of £29,550 ($37,123.12). 2.40% of the stock is currently owned by insiders.

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.