Impax Environmental Markets (LON:IEM) Announces Quarterly Earnings Results

Impax Environmental Markets (LON:IEM – Get Free Report) issued its earnings results on Wednesday. The company reported GBX 1.29 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Impax Environmental Markets had a negative net margin of 449.13% and a negative return on equity of 1.74%.

Impax Environmental Markets Stock Performance

Shares of Impax Environmental Markets stock traded up GBX 7 on Wednesday, reaching GBX 449. 16,730 shares of the company were exchanged, compared to its average volume of 658,591. The firm has a market cap of £174.48 million, a price-to-earnings ratio of -64.79 and a beta of 1.15. Impax Environmental Markets has a 1-year low of GBX 379 and a 1-year high of GBX 475. The company has a debt-to-equity ratio of 10.70, a quick ratio of 1.90 and a current ratio of 3.19. The company’s 50-day moving average is GBX 439.14 and its two-hundred day moving average is GBX 440.78.

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About Impax Environmental Markets

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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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