Emmerson (LON:EML) Sets New 52-Week Low – Here’s Why

Emmerson PLC (LON:EML – Get Free Report) shares reached a new 52-week low on Thursday. The company traded as low as GBX 1 and last traded at GBX 1.03, with a volume of 500,519 shares. The stock had previously closed at GBX 1.07.

Emmerson Stock Performance

The firm has a 50 day moving average price of GBX 1.47 and a two-hundred day moving average price of GBX 2.02. The company has a market capitalization of £13.83 million, a P/E ratio of -8.77 and a beta of 1.27.

Emmerson (LON:EML – Get Free Report) last released its earnings results on Monday, September 28th. The company reported GBX (0.14) earnings per share for the quarter. On average, equities analysts expect 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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