Impax Environmental Markets (LON:IEM) Sets New 52-Week High – Here’s What Happened

Impax Environmental Markets (LON:IEM)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 410 ($5.12) and last traded at GBX 409 ($5.11), with a volume of 1533217 shares changing hands. The stock had previously closed at GBX 407 ($5.08).

Impax Environmental Markets Stock Performance

The company’s 50-day moving average price is GBX 384.17 and its 200 day moving average price is GBX 387.18. The stock has a market capitalization of £1.02 billion, a PE ratio of -10,137.50 and a beta of 0.79. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.90 and a current ratio of 2.19.

Insider Buying and Selling at Impax Environmental Markets

In other Impax Environmental Markets news, insider Guy Walker bought 5,278 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were purchased at an average price of GBX 379 ($4.73) per share, for a total transaction of £20,003.62 ($24,976.43). Insiders own 2.78% of the company’s stock.

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).