Emmerson PLC (LON:EML – Get Free Report) was down 9.1% during trading on Thursday. The stock traded as low as GBX 1.30 and last traded at GBX 1.35. Approximately 637,968 shares traded hands during trading, a decline of 41% from the average session volume of 1,072,859 shares. The stock had previously closed at GBX 1.49.
Emmerson Stock Down 9.1%
The stock’s 50 day moving average price is GBX 1.61 and its two-hundred day moving average price is GBX 1.98. The stock has a market cap of £18.04 million, a price-to-earnings ratio of -11.44 and a beta of 1.27.
Emmerson (LON:EML – Get Free Report) last posted its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) EPS for the quarter. On average, analysts predict that Emmerson PLC will post -0.08 earnings per share for the current fiscal year.
Emmerson Company Profile
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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