Impax Environmental Markets plc (LON:IEM)’s stock price shot up 1.7% during mid-day trading on Friday . The stock traded as high as GBX 308 ($4.02) and last traded at GBX 307 ($4.01), 224,285 shares traded hands during trading. A decline of 6% from the average session volume of 238,234 shares. The stock had previously closed at GBX 302 ($3.95).
The firm has a market capitalization of $594.02 million and a P/E ratio of 9.25. The company has a current ratio of 5.11, a quick ratio of 5.11 and a debt-to-equity ratio of 5.38. The company has a 50-day moving average of GBX 308.89 and a 200-day moving average of GBX 264.28.
In related news, insider Stephanie Eastment bought 4,500 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was acquired at an average cost of GBX 299 ($3.91) per share, with a total value of £13,455 ($17,581.34).
Impax Environmental Markets plc is a United Kingdom-based investment company. 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. It makes investments quoted companies, which provide, utilize, 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, including sustainable food, agriculture and forestry).
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