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Impax Environmental Markets (LON:IEM) Shares Cross Above 200-Day Moving Average - Time to Sell?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 388.31 ($4.90) and traded as high as GBX 395 ($4.98). Impax Environmental Markets shares last traded at GBX 392.33 ($4.95), with a volume of 838,587 shares trading hands.

Impax Environmental Markets Trading Down 0.4 %

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 stock's 50 day moving average price is GBX 390.53 and its 200-day moving average price is GBX 388.24. The stock has a market capitalization of £911.19 million, a P/E ratio of -97.63 and a beta of 0.79.

Insider Buying and Selling at Impax Environmental Markets

In other news, insider Guy Walker bought 5,278 shares of the stock in a transaction on Monday, December 9th. The stock was bought at an average cost of GBX 379 ($4.78) per share, for a total transaction of £20,003.62 ($25,237.98). 2.78% of the stock is owned by insiders.

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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