Impax Environmental Markets (LON:IEM) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of Impax Environmental Markets (LON:IEM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 388.31 ($4.89) and traded as high as GBX 395 ($4.97). Impax Environmental Markets shares last traded at GBX 392.33 ($4.94), with a volume of 838,587 shares trading hands.

Impax Environmental Markets Stock Down 0.7 %

The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65. The firm has a market cap of £910.79 million, a PE ratio of -97.59 and a beta of 0.79. The business’s 50-day simple moving average is GBX 390.32 and its 200 day simple moving average is GBX 388.31.

Insiders Place Their Bets

In other news, insider Guy Walker bought 5,278 shares of Impax Environmental Markets stock in a transaction on Monday, December 9th. The stock was acquired at an average cost of GBX 379 ($4.77) per share, for a total transaction of £20,003.62 ($25,177.62). 2.78% of the stock is owned by company insiders.

Impax Environmental Markets Company Profile

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).