Emmerson (LON:EML) Stock Falls 2.7% – Here’s What Happened

Emmerson PLC (LON:EML – Get Free Report)’s stock price traded down 2.7% during trading on Monday. The stock traded as low as GBX 1.09 and last traded at GBX 1.10. 2,106,765 shares were traded during trading, an increase of 98% from the average session volume of 1,064,048 shares. The stock had previously closed at GBX 1.13.

Emmerson Price Performance

The business has a fifty day moving average of GBX 1.51 and a 200-day moving average of GBX 1.90. The stock has a market capitalization of £14.70 million, a price-to-earnings ratio of -9.32 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 (EPS) for the quarter. As a group, research analysts anticipate that Emmerson PLC will post -0.08 EPS for the current year.

Emmerson Company Profile

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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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