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Impax Environmental Markets (LON:IEM) Share Price Crosses Above Fifty Day Moving Average - Here's Why

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 389.27 ($5.01) and traded as high as GBX 394 ($5.07). Impax Environmental Markets shares last traded at GBX 393 ($5.06), with a volume of 570,827 shares trading hands.

Impax Environmental Markets Stock Down 0.3 %

The stock has a market capitalization of £984.23 million, a P/E ratio of -9,768.25 and a beta of 0.79. The stock has a 50 day moving average price of GBX 389.27 and a 200-day moving average price of GBX 390.34. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90.

Insider Activity at Impax Environmental Markets

In other Impax Environmental Markets news, insider Stephanie Eastment purchased 1,000 shares of the company's stock in a transaction that occurred on Thursday, October 3rd. The stock was bought at an average price of GBX 392 ($5.04) per share, with a total value of £3,920 ($5,044.40). 2.78% of the stock is currently owned by company insiders.

About Impax Environmental Markets

(Get Free Report)

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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