Impax Environmental Markets (LON:IEM) Insider Buys £29,550 in Stock

Impax Environmental Markets (LON:IEM) insider Glen Suarez bought 7,500 shares of the stock in a transaction dated Monday, April 15th. The shares were acquired at an average price of GBX 394 ($4.90) per share, for a total transaction of £29,550 ($36,785.76).

Impax Environmental Markets Trading Up 0.8 %

LON IEM opened at GBX 385 ($4.79) on Friday. The stock has a market capitalization of £1.05 billion, a price-to-earnings ratio of 1,604.17 and a beta of 0.80. Impax Environmental Markets has a one year low of GBX 331.13 ($4.12) and a one year high of GBX 421.50 ($5.25). The company has a debt-to-equity ratio of 3.89, a current ratio of 0.34 and a quick ratio of 1.90. The business’s fifty day moving average is GBX 392.36 and its 200-day moving average is GBX 377.18.

Impax Environmental Markets Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 15th were paid a GBX 2.90 ($0.04) dividend. This is a boost from Impax Environmental Markets’s previous dividend of $1.70. This represents a yield of 0.77%. The ex-dividend date of this dividend was Thursday, February 15th. Impax Environmental Markets’s payout ratio is currently 2,083.33%.

Impax Environmental Markets Company Profile

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.