Impax Environmental Markets (LON:IEM) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Impax Environmental Markets (LON:IEM)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 389.27 ($5.01) and traded as high as GBX 394 ($5.07). Impax Environmental Markets shares last traded at GBX 393 ($5.06), with a volume of 570,827 shares trading hands.

Impax Environmental Markets Trading Down 0.6 %

The business’s 50-day simple moving average is GBX 389.27 and its 200-day simple moving average is GBX 390.34. The company has a market cap of £981.04 million, a PE ratio of -9,825.00 and a beta of 0.79. The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65.

Insider Transactions at Impax Environmental Markets

In other news, insider Stephanie Eastment bought 1,000 shares of the stock in a transaction on Thursday, October 3rd. The shares were purchased at an average price of GBX 392 ($5.04) per share, for a total transaction of £3,920 ($5,044.40). 2.78% of the stock is currently owned by company insiders.

Impax Environmental Markets Company Profile

Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.