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Impax Environmental Markets (LON:IEM) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 388.35 ($4.81) and traded as high as GBX 400.50 ($4.96). Impax Environmental Markets shares last traded at GBX 399 ($4.94), with a volume of 845,924 shares traded.

Impax Environmental Markets Stock Performance

The company has a quick ratio of 1.90, a current ratio of 2.19 and a debt-to-equity ratio of 7.65. The firm has a market capitalization of £993.02 million, a P/E ratio of -9,887.50 and a beta of 0.79. The stock has a fifty day moving average of GBX 388.72 and a 200-day moving average of GBX 388.22.

Insider Buying and Selling at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of Impax Environmental Markets stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of GBX 379 ($4.70) per share, for a total transaction of £20,003.62 ($24,787.63). Corporate insiders own 2.78% of the company's stock.

Impax Environmental Markets Company Profile

(Get Free Report)

The Company's objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. Investments are made predominantly in quoted companies which provide, utilise, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management (which includes sustainable food, agriculture and forestry).

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