Emmerson (LON:EML) Reaches New 1-Year Low – What’s Next?

Emmerson PLC (LON:EML – Get Free Report)’s stock price reached a new 52-week low on Friday. The stock traded as low as GBX 1.30 and last traded at GBX 1.30, with a volume of 453289 shares changing hands. The stock had previously closed at GBX 1.35.

Emmerson Stock Down 3.7%

The stock has a 50-day simple moving average of GBX 1.60 and a two-hundred day simple moving average of GBX 1.97. The firm has a market cap of £17.37 million, a PE ratio of -11.02 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 for the quarter. Research analysts expect 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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