Impax Environmental Markets (LON:IEM) Releases Earnings Results

Impax Environmental Markets (LON:IEM) posted 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 net margin of 449.13% and a negative return on equity of 1.74%.

Impax Environmental Markets Trading Up 0.4%

IEM traded up GBX 1.73 during trading on Wednesday, hitting GBX 443.73. 16,730 shares of the stock were exchanged, compared to its average volume of 658,591. 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 firm has a 50 day simple moving average of GBX 439.14 and a 200 day simple moving average of GBX 440.78. The firm has a market cap of £172.43 million, a price-to-earnings 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.

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).