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

Impax Environmental Markets (LON:IEM - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 383.51 ($4.73) and traded as high as GBX 407.50 ($5.02). Impax Environmental Markets shares last traded at GBX 407 ($5.02), with a volume of 689,516 shares trading hands.

Impax Environmental Markets Price Performance

The stock's fifty day moving average price is GBX 383.51 and its 200-day moving average price is GBX 386.82. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.90 and a current ratio of 2.19. The firm has a market cap of £1.03 billion, a PE ratio of -10,250.00 and a beta of 0.79.

Insider Activity

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of the company's stock in a transaction on Monday, December 9th. The stock was purchased at an average cost of GBX 379 ($4.67) per share, for a total transaction of £20,003.62 ($24,662.34). Insiders own 2.78% of the company's stock.

Impax Environmental Markets Company Profile

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).