Impax Environmental Markets (LON:IEM) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Impax Environmental Markets (LON:IEM) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 442.87 and traded as high as GBX 467. Impax Environmental Markets shares last traded at GBX 460, with a volume of 4,496,674 shares traded.

Impax Environmental Markets Price Performance

The stock has a market cap of £180.59 million, a P/E ratio of -65.37 and a beta of 1.22. The company has a debt-to-equity ratio of 10.70, a quick ratio of 1.90 and a current ratio of 3.19. The business has a 50 day simple moving average of GBX 442.87 and a 200-day simple moving average of GBX 422.63.

Impax Environmental Markets (LON:IEM) last released its earnings results on Monday, March 30th. The company reported GBX 4.94 EPS for the quarter. The company 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 Buying and Selling at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker sold 22,858 shares of the business’s 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. Also, insider Elizabeth Surkovic sold 4,224 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of GBX 495, for a total transaction of £20,908.80. Insiders have sold a total of 90,957 shares of company stock valued at $45,023,715 in the last three months. 0.30% of the stock is owned by corporate 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).