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 during trading on Thursday. The company traded as low as GBX 0.90 and last traded at GBX 1.10, with a volume of 432,415 shares. The stock had previously closed at GBX 0.97.

Emmerson Trading Up 13.8%

The firm has a market capitalization of £14.70 million, a PE ratio of -9.32 and a beta of 1.27. The company has a fifty day moving average price of GBX 1.34 and a two-hundred day moving average price of GBX 1.97.

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