Impax Environmental Markets (LON:IEM) Sets New 1-Year High – Here’s What Happened

Impax Environmental Markets (LON:IEM) hit a new 52-week high on Wednesday . The stock traded as high as GBX 410 ($5.05) and last traded at GBX 409 ($5.04), with a volume of 1533217 shares changing hands. The stock had previously closed at GBX 407 ($5.02).

Impax Environmental Markets Stock Up 0.7 %

The firm’s fifty day moving average price is GBX 383.51 and its two-hundred day moving average price is GBX 386.82. The stock has a market cap of £1.03 billion, a price-to-earnings ratio of -10,250.00 and a beta of 0.79. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.19 and a quick ratio of 1.90.

Insider Activity at Impax Environmental Markets

In related news, insider Guy Walker purchased 5,278 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were purchased at an average price of GBX 379 ($4.67) per share, with a total value of £20,003.62 ($24,662.34). 2.78% of the stock is currently owned by corporate insiders.

Impax Environmental Markets Company Profile

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).