Emmerson (LON:EML) Sets New 1-Year Low – Here’s What Happened

Emmerson PLC (LON:EML – Get Free Report)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as GBX 1.20 and last traded at GBX 1.35, with a volume of 665,796 shares traded. The stock had previously closed at GBX 1.35.

Emmerson Stock Performance

The firm has a market cap of £18.04 million, a price-to-earnings ratio of -11.44 and a beta of 1.27. The business has a 50 day simple moving average of GBX 1.56 and a 200-day simple moving average of GBX 1.94.

Emmerson (LON:EML – Get Free Report) last released its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) earnings per share for the quarter. As a group, research analysts anticipate that Emmerson PLC will post -0.08 earnings per share for the current year.

About Emmerson

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Emmerson PLC is a potash development company and is focussing on advancing its flagship project, the Khemisset Potash Project, located in Northern Morocco into a low-cost, high margin supplier of potash.

Our Khemisset Potash Project is ideally located to benefit from the expected high growth in demand for NPK fertilisers on the African Continent and is close to a number of potential export ports giving it access to the European, Brazilian and US markets.

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