Emmerson (LON:EML) Stock Falls 2.7% – Should You Sell?

Shares of Emmerson PLC (LON:EML – Get Free Report) 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 mid-day 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 Trading Up 0.5%

The stock has a market cap of £14.43 million, a P/E ratio of -9.15 and a beta of 1.27. The company’s fifty day simple moving average is GBX 1.48 and its 200-day simple moving average is GBX 2.03.

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