Impax Environmental Markets (LON:IEM) Announces Quarterly Earnings Results

Impax Environmental Markets (LON:IEM) announced its quarterly earnings results on Wednesday. The company reported GBX 1.29 earnings per share for the quarter, Digital Look Earnings reports. Impax Environmental Markets had a negative return on equity of 1.74% and a negative net margin of 449.13%.

Impax Environmental Markets Price Performance

Shares of LON IEM traded down GBX 12.48 during midday trading on Friday, reaching GBX 435.51. 54,059 shares of the company were exchanged, compared to its average volume of 653,034. The stock’s 50-day moving average price is GBX 439.90 and its 200-day moving average price is GBX 441.14. The stock has a market cap of £169.24 million, a P/E ratio of -62.84 and a beta of 1.15. Impax Environmental Markets has a one year low of GBX 379 and a one year high of GBX 475. 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 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).