Stephanie Eastment Acquires 1,000 Shares of Impax Environmental Markets (LON:IEM) Stock

Impax Environmental Markets (LON:IEM) insider Stephanie Eastment acquired 1,000 shares of the stock in a transaction on Thursday, October 3rd. The shares were acquired at an average price of GBX 392 ($5.24) per share, with a total value of £3,920 ($5,243.45).

Impax Environmental Markets Price Performance

Shares of IEM opened at GBX 391.50 ($5.24) on Friday. The firm has a market cap of £988.73 million, a price-to-earnings ratio of -9,787.50 and a beta of 0.79. The stock has a 50 day moving average of GBX 386.92 and a 200-day moving average of GBX 390.57. The company has a current ratio of 2.19, a quick ratio of 1.90 and a debt-to-equity ratio of 7.65. Impax Environmental Markets has a 52 week low of GBX 331.13 ($4.43) and a 52 week high of GBX 410 ($5.48).

Impax Environmental Markets Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th were given a GBX 1.80 ($0.02) dividend. The ex-dividend date was Thursday, August 15th. This represents a dividend yield of 0.47%. Impax Environmental Markets’s payout ratio is -12,500.00%.

About Impax Environmental Markets

Impax Environmental Markets plc is a closed ended equity mutual fund launched and managed by Impax Asset Management (AIFM) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies which provide, utilize, implement or advise upon technology-based systems, products or services in environmental markets, particularly of those in the alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management sectors.