Impax Environmental Markets (LON:IEM) Announces Earnings Results

Impax Environmental Markets (LON:IEM) issued its quarterly earnings data 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 Trading Down 0.4%

Shares of LON:IEM opened at GBX 448 on Friday. The business’s 50 day moving average price is GBX 439.84 and its 200-day moving average price is GBX 441.18. Impax Environmental Markets has a 1 year low of GBX 379 and a 1 year high of GBX 475. The firm has a market capitalization of £174.09 million, a price-to-earnings ratio of -64.65 and a beta of 1.15. The company has a debt-to-equity ratio of 10.70, a current ratio of 3.19 and a quick ratio of 1.90.

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).