Impax Environmental Markets (LON:IEM) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Impax Environmental Markets (LON:IEM) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 383.51 ($4.73) and traded as high as GBX 407.50 ($5.02). Impax Environmental Markets shares last traded at GBX 407 ($5.02), with a volume of 689,516 shares traded.

Impax Environmental Markets Stock Performance

The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.90 and a current ratio of 2.19. The stock has a market cap of £1.02 billion, a PE ratio of -10,163.88 and a beta of 0.79. The company’s 50-day moving average price is GBX 383.51 and its two-hundred day moving average price is GBX 386.82.

Insider Buying and Selling at Impax Environmental Markets

In related news, insider Guy Walker bought 5,278 shares of the stock in a transaction dated Monday, December 9th. The stock was bought at an average price of GBX 379 ($4.67) per share, with a total value of £20,003.62 ($24,662.34). Company insiders own 2.78% of the company’s stock.

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).