Impax Environmental Markets (LON:IEM) Issues Earnings Results

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

Impax Environmental Markets Stock Performance

Shares of IEM traded down GBX 2 during trading hours on Thursday, hitting GBX 448. The stock had a trading volume of 67,052 shares, compared to its average volume of 656,203. The company has a debt-to-equity ratio of 10.70, a current ratio of 3.19 and a quick ratio of 1.90. Impax Environmental Markets has a 12 month low of GBX 379 and a 12 month high of GBX 475. The firm has a market capitalization of £174.09 million, a PE ratio of -64.65 and a beta of 1.15. The stock has a fifty day moving average price of GBX 439.84 and a 200 day moving average price of GBX 441.18.

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).