Impax Environmental Markets (LON:IEM) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Shares of Impax Environmental Markets (LON:IEM) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 388.31 ($4.89) and traded as high as GBX 395 ($4.97). Impax Environmental Markets shares last traded at GBX 392.33 ($4.94), with a volume of 838,587 shares.

Impax Environmental Markets Stock Down 0.7 %

The firm has a fifty day moving average price of GBX 390.32 and a 200-day moving average price of GBX 388.31. 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 cap of £910.79 million, a price-to-earnings ratio of -97.59 and a beta of 0.79.

Insider Activity at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of GBX 379 ($4.77) per share, with a total value of £20,003.62 ($25,177.62). 2.78% of the stock is owned by insiders.

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).