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Impax Environmental Markets (LON:IEM) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Impax Environmental Markets logo with Financial Services background

Impax Environmental Markets (LON:IEM - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 385.76 ($4.80) and traded as high as GBX 404 ($5.03). Impax Environmental Markets shares last traded at GBX 402 ($5.00), with a volume of 569,596 shares changing hands.

Impax Environmental Markets Trading Down 0.1 %

The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90. The company has a market capitalization of £1.01 billion, a P/E ratio of -10,037.50 and a beta of 0.79. The firm has a fifty day moving average price of GBX 385.76 and a 200-day moving average price of GBX 387.72.

Insider Activity

In other news, insider Guy Walker purchased 5,278 shares of the business's stock in a transaction dated Monday, December 9th. The stock was bought at an average price of GBX 379 ($4.72) per share, for a total transaction of £20,003.62 ($24,904.91). 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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