Impax Environmental Markets plc (IEM.L) (LON:IEM) Stock Price Passes Above 50-Day Moving Average of $348.86

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Impax Environmental Markets plc (IEM.L) (LON:IEM) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $348.86 and traded as high as $357.50. Impax Environmental Markets plc (IEM.L) shares last traded at $357.50, with a volume of 326,561 shares traded.

The company has a debt-to-equity ratio of 6.79, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $884.49 million and a price-to-earnings ratio of 48.51. The firm’s 50-day simple moving average is GBX 348.92 and its 200-day simple moving average is GBX 314.46.

About Impax Environmental Markets plc (IEM.L) (LON:IEM)

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).

Read More: Initial Coin Offering (ICO)

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