Impax Environmental Markets (LON:IEM) Issues Earnings Results

Impax Environmental Markets (LON:IEM) posted its quarterly earnings results on Wednesday. The company reported GBX 1.29 earnings per share for the quarter, Digital Look Earnings reports. Impax Environmental Markets had a negative return on equity of 1.74% and a negative net margin of 449.13%.

Impax Environmental Markets Price Performance

Shares of IEM stock traded up GBX 2.50 during mid-day trading on Wednesday, hitting GBX 444.50. The company had a trading volume of 231,124 shares, compared to its average volume of 659,731. Impax Environmental Markets has a 52-week low of GBX 379 and a 52-week high of GBX 475. The stock’s 50 day moving average price is GBX 439.14 and its 200-day moving average price is GBX 440.78. The company has a debt-to-equity ratio of 10.70, a current ratio of 3.19 and a quick ratio of 1.90. The company has a market capitalization of £172.73 million, a P/E ratio of -64.14 and a beta of 1.15.

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).