Impax Environmental Markets (LON:IEM) Hits New 12-Month High – What’s Next?

Impax Environmental Markets (LON:IEM) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 455.50 and last traded at GBX 452.50, with a volume of 310994 shares. The stock had previously closed at GBX 448.50.

Impax Environmental Markets Stock Performance

The firm has a market cap of £857.52 million, a price-to-earnings ratio of -65.30 and a beta of 1.23. The firm’s 50 day moving average is GBX 426.84 and its 200-day moving average is GBX 414.82. The company has a debt-to-equity ratio of 10.70, a quick ratio of 1.90 and a current ratio of 3.19.

Impax Environmental Markets (LON:IEM) last announced its quarterly earnings results on Monday, March 30th. The company reported GBX 4.94 earnings per share for the quarter. The company had revenue of GBX 1,526 million during the quarter. Impax Environmental Markets had a negative return on equity of 1.74% and a negative net margin of 449.13%.

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).