Impax Environmental Markets (LON:IEM) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Impax Environmental Markets (LON:IEMGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 437.89 and traded as high as GBX 439. Impax Environmental Markets shares last traded at GBX 438.50, with a volume of 29,064 shares traded.

Impax Environmental Markets Stock Performance

The stock’s 50 day moving average price is GBX 437.61 and its 200 day moving average price is GBX 440.05. The company has a current ratio of 3.19, a quick ratio of 1.90 and a debt-to-equity ratio of 10.70. The firm has a market cap of £168.84 million, a PE ratio of -62.70 and a beta of 1.15.

Impax Environmental Markets Company Profile

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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).

Further Reading

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