Impax Environmental Markets (LON:IEM) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Impax Environmental Markets (LON:IEM)’s stock price passed 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 traded.

Impax Environmental Markets Stock Performance

The firm has a market capitalization of £910.79 million, a PE ratio of -97.59 and a beta of 0.79. The business’s 50 day simple moving average is GBX 390.32 and its two-hundred day simple moving average is GBX 388.31. 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 Buying and Selling at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of GBX 379 ($4.77) per share, for a total transaction of £20,003.62 ($25,177.62). Company 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).