Impax Environmental Markets (LON:IEM) Announces Quarterly Earnings Results

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

Impax Environmental Markets Price Performance

Shares of LON IEM traded down GBX 1.96 during midday trading on Thursday, reaching GBX 448.05. 30,022 shares of the company traded hands, compared to its average volume of 656,007. Impax Environmental Markets has a 12 month low of GBX 379 and a 12 month high of GBX 475. The company has a debt-to-equity ratio of 10.70, a quick ratio of 1.90 and a current ratio of 3.19. The stock’s 50-day simple moving average is GBX 439.45 and its 200-day simple moving average is GBX 440.96. The firm has a market cap of £174.11 million, a PE ratio of -64.65 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).