Impax Environmental Markets (LON:IEM) Issues Earnings Results

Impax Environmental Markets (LON:IEM – Get Free Report) released its quarterly earnings results 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 Performance

IEM stock traded up GBX 2.50 on Wednesday, hitting GBX 444.50. The company’s stock had a trading volume of 58,090 shares, compared to its average volume of 658,810. The firm has a 50 day moving average of GBX 439.14 and a two-hundred day moving average of GBX 440.78. Impax Environmental Markets has a 1 year low of GBX 379 and a 1 year high of GBX 475. The stock has a market cap of £172.73 million, a price-to-earnings 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

(Get Free Report)

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).

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