Emmerson (LON:EML) Hits New 52-Week Low – What’s Next?

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

Emmerson Price Performance

The business has a fifty day simple moving average of GBX 1.47 and a 200 day simple moving average of GBX 2.02. The firm has a market cap of £13.83 million, a price-to-earnings ratio of -8.77 and a beta of 1.27.

Emmerson (LON:EML – Get Free Report) last released its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) EPS for the quarter. On average, research analysts anticipate that Emmerson PLC will post -0.08 earnings per share for the current fiscal year.

About Emmerson

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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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