Impax Environmental Markets (LON:IEM) Stock Passes Above 50 Day Moving Average of $361.90

Impax Environmental Markets plc (LON:IEM) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 361.90 ($4.44) and traded as high as GBX 374 ($4.59). Impax Environmental Markets shares last traded at GBX 373.50 ($4.59), with a volume of 480,094 shares changing hands.

Impax Environmental Markets Stock Up 0.7 %

The firm’s fifty day moving average price is GBX 361.45 and its two-hundred day moving average price is GBX 389.90. The stock has a market cap of £1.07 billion, a price-to-earnings ratio of 1,549.88 and a beta of 0.78. The company has a debt-to-equity ratio of 3.89, a current ratio of 0.34 and a quick ratio of 1.90.

Impax Environmental Markets Company Profile

Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.