Impax Environmental Markets (LON:IEM) Shares Pass Above 50-Day Moving Average – Time to Sell?

Impax Environmental Markets (LON:IEMGet Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 400.81 and traded as high as GBX 429. Impax Environmental Markets shares last traded at GBX 428, with a volume of 483,986 shares trading hands.

Impax Environmental Markets Stock Down 0.3%

The company has a market cap of £814.96 million, a P/E ratio of -20.67 and a beta of 0.79. The company has a quick ratio of 1.90, a current ratio of 2.19 and a debt-to-equity ratio of 7.65. The firm has a fifty day moving average price of GBX 400.81 and a 200 day moving average price of GBX 398.89.

About Impax Environmental Markets

(Get Free Report)

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).

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