Impax Environmental Markets (LON:IEM) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Impax Environmental Markets (LON:IEM) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 383.31 ($4.76) and traded as high as GBX 389 ($4.83). Impax Environmental Markets shares last traded at GBX 389 ($4.83), with a volume of 652,014 shares traded.

Impax Environmental Markets Trading Down 0.3 %

The company has a market cap of £976.70 million, a P/E ratio of -9,725.00 and a beta of 0.79. The company has a quick ratio of 1.90, a current ratio of 2.19 and a debt-to-equity ratio of 7.65. The business has a fifty day moving average price of GBX 383.31 and a 200-day moving average price of GBX 386.50.

Insider Activity at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker acquired 5,278 shares of the company’s stock in a transaction on Monday, December 9th. The stock was acquired at an average price of GBX 379 ($4.71) per share, for a total transaction of £20,003.62 ($24,849.22). 2.78% of the stock is currently owned by corporate insiders.

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.