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

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

Impax Environmental Markets Stock Up 0.7 %

The business’s 50 day moving average is GBX 383.51 and its 200 day moving average is GBX 386.82. The company has a market capitalization 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 quick ratio of 1.90 and a current ratio of 2.19.

Insider Buying and Selling

In other Impax Environmental Markets news, insider Guy Walker acquired 5,278 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was acquired at an average cost of GBX 379 ($4.67) per share, for a total transaction of £20,003.62 ($24,662.34). 2.78% of the stock is owned by company insiders.

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).