Impax Environmental Markets (LON:IEM) Issues 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 net margin of 449.13% and a negative return on equity of 1.74%.

Impax Environmental Markets Stock Down 0.3%

LON:IEM opened at GBX 448.50 on Thursday. The company’s 50-day simple moving average is GBX 439.45 and its 200-day simple moving average is GBX 440.96. 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 has a fifty-two week low of GBX 379 and a fifty-two week high of GBX 475. The stock has a market capitalization of £174.28 million, a P/E ratio of -64.72 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).