Impax Environmental Markets (LON:IEM) Releases Quarterly Earnings Results

Impax Environmental Markets (LON:IEM) announced its earnings results on Wednesday. The company reported GBX 1.29 EPS for the quarter, Digital Look Earnings reports. Impax Environmental Markets had a negative return on equity of 1.74% and a negative net margin of 449.13%.

Impax Environmental Markets Stock Up 0.7%

Shares of LON:IEM opened at GBX 451 on Friday. The company has a quick ratio of 1.90, a current ratio of 3.19 and a debt-to-equity ratio of 10.70. Impax Environmental Markets has a 52-week low of GBX 379 and a 52-week high of GBX 475. The company has a 50 day moving average of GBX 439.84 and a two-hundred day moving average of GBX 441.18. The company has a market capitalization of £175.25 million, a price-to-earnings ratio of -65.08 and a beta of 1.15.

About Impax Environmental Markets

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).