Impax Environmental Markets (LON:IEM) Sets New 52-Week High – What’s Next?

Impax Environmental Markets (LON:IEM)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 469 and last traded at GBX 460.04, with a volume of 370786 shares. The stock had previously closed at GBX 459.99.

Impax Environmental Markets Trading Up 0.0%

The stock has a market cap of £871.81 million, a P/E ratio of -66.38 and a beta of 1.22. 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 company has a 50-day moving average price of GBX 435.98 and a two-hundred day moving average price of GBX 419.57.

Impax Environmental Markets (LON:IEM) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX 4.94 earnings per share for the quarter. The firm 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%.

Insiders Place Their Bets

In other news, insider Stephanie Eastment sold 17,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 495, for a total transaction of £84,150. Also, insider Glen Suarez sold 30,875 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 495, for a total value of £152,831.25. In the last 90 days, insiders have sold 90,957 shares of company stock valued at $45,023,715. 0.11% of the stock is currently owned by corporate insiders.

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).