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Impax Environmental Markets (LON:IEM) Shares Cross Above 50-Day Moving Average - Here's Why

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 383.31 ($4.76) and traded as high as GBX 389 ($4.83). Impax Environmental Markets shares last traded at GBX 389 ($4.83), with a volume of 652,014 shares.

Impax Environmental Markets Stock Performance

The company has a market capitalization of £976.70 million, a P/E ratio of -9,725.00 and a beta of 0.79. The stock's fifty day moving average price is GBX 383.31 and its 200-day moving average price is GBX 386.50. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.90 and a current ratio of 2.19.

Insider Buying and Selling at Impax Environmental Markets

In related news, insider Guy Walker acquired 5,278 shares of the firm's stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of GBX 379 ($4.71) per share, for a total transaction of £20,003.62 ($24,849.22). Corporate insiders own 2.78% of the company's stock.

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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