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

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

Emmerson Price Performance

The company has a market capitalization of £14.43 million, a price-to-earnings ratio of -9.15 and a beta of 1.27. The business’s 50-day moving average price is GBX 1.44 and its two-hundred day moving average price is GBX 2.02.

Emmerson (LON:EML – Get Free Report) last issued its earnings results on Monday, September 28th. The company reported GBX (0.14) earnings per share for the quarter. As a group, research analysts predict 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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