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

Impax Environmental Markets (LON:IEM) posted its earnings results on Wednesday. The company reported GBX 1.29 EPS 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 Stock Performance

LON:IEM opened at GBX 443.73 on Wednesday. The stock has a 50 day simple moving average of GBX 439.14 and a 200 day simple moving average of GBX 440.78. The stock has a market cap of £172.43 million, a P/E ratio of -64.03 and a beta of 1.15. Impax Environmental Markets has a 1-year low of GBX 379 and a 1-year high of GBX 475. The company has a current ratio of 3.19, a quick ratio of 1.90 and a debt-to-equity ratio of 10.70.

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).