Impax Environmental Markets (LON:IEM) Sets New 52-Week High – What’s Next?

Impax Environmental Markets (LON:IEM)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 453 and last traded at GBX 413, with a volume of 638960 shares changing hands. The stock had previously closed at GBX 440.

Impax Environmental Markets Stock Performance

The firm has a fifty day moving average of GBX 422.04 and a 200-day moving average of GBX 409.97. The firm has a market cap of £786.40 million, a P/E ratio of -59.60 and a beta of 1.23. The company has a quick ratio of 1.90, a current ratio of 3.19 and a debt-to-equity ratio of 10.70.

Impax Environmental Markets (LON:IEM) last posted its quarterly earnings results on Monday, March 30th. The company reported GBX 4.94 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,526 million for the quarter. Impax Environmental Markets had a negative return on equity of 1.74% and a negative net margin of 64.49%.

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).