Impax Environmental Markets (LON:IEM) Reaches New 12-Month High – Should You Buy?

Impax Environmental Markets (LON:IEM)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 466 and last traded at GBX 460.95, with a volume of 191082 shares. The stock had previously closed at GBX 458.

Impax Environmental Markets Price Performance

The firm has a market cap of £882.25 million, a price-to-earnings ratio of -67.18 and a beta of 1.22. The company has a current ratio of 3.19, a quick ratio of 1.90 and a debt-to-equity ratio of 10.70. The company has a 50 day moving average of GBX 432.47 and a 200 day moving average of GBX 417.83.

Impax Environmental Markets (LON:IEM) last issued its quarterly earnings data on Monday, March 30th. The company reported GBX 4.94 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 449.13%.

Insider Transactions at Impax Environmental Markets

In other Impax Environmental Markets news, insider Elizabeth Surkovic sold 4,224 shares of Impax Environmental Markets stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 495, for a total value of £20,908.80. Also, insider Guy Walker sold 22,858 shares of Impax Environmental Markets stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of GBX 495, for a total value of £113,147.10. Over the last three months, insiders have sold 90,957 shares of company stock worth $45,023,715. 0.11% of the stock is currently owned by company 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).