Emmerson (LON:EML) Stock Price Down 9.1% – Here’s Why

Emmerson PLC (LON:EML – Get Free Report) shares fell 9.1% on Monday. The company traded as low as GBX 1 and last traded at GBX 1. 1,125,590 shares changed hands during trading, an increase of 7% from the average session volume of 1,053,033 shares. The stock had previously closed at GBX 1.10.

Emmerson Trading Down 1.0%

The firm has a market capitalization of £13.23 million, a price-to-earnings ratio of -8.39 and a beta of 1.27. The company has a fifty day moving average price of GBX 1.42 and a 200-day moving average price of GBX 2.

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

Emmerson Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Emmerson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emmerson and related companies with MarketBeat.com's FREE daily email newsletter.