Impax Environmental Markets (LON:IEM) Issues Earnings Results

Impax Environmental Markets (LON:IEM) released its quarterly earnings data on Wednesday. The company reported GBX 1.29 EPS 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 Stock Up 0.6%

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

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).