Impax Environmental Markets (LON:IEM) Sets New 12-Month High – Time to Buy?

Impax Environmental Markets (LON:IEMGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 473 and last traded at GBX 467.83, with a volume of 328727 shares changing hands. The stock had previously closed at GBX 462.50.

Impax Environmental Markets Price Performance

The company has a debt-to-equity ratio of 10.70, a current ratio of 3.19 and a quick ratio of 1.90. The company’s 50-day simple moving average is GBX 448.37 and its 200-day simple moving average is GBX 425.19. The company has a market cap of £186.17 million, a price-to-earnings ratio of -67.39 and a beta of 1.22.

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

Insider Buying and Selling

In other Impax Environmental Markets news, insider Glen Suarez sold 30,875 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 495, for a total value of £152,831.25. Also, insider Elizabeth Surkovic sold 4,224 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 495, for a total transaction of £20,908.80. Insiders have sold 90,957 shares of company stock valued at $45,023,715 over the last three months. Company insiders own 0.30% of the company’s stock.

About Impax Environmental Markets

(Get Free Report)

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).

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