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

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

Impax Environmental Markets Trading Down 0.6 %

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

Insider Activity

In related news, insider Guy Walker acquired 5,278 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of GBX 379 ($4.73) per share, for a total transaction of £20,003.62 ($24,976.43). Corporate 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).