Emmerson (LON:EML) Hits New 52-Week Low – What’s Next?
by Renee Jackson · The Cerbat GemEmmerson PLC (LON:EML – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 1.10 and last traded at GBX 1.25, with a volume of 1,106,852 shares trading hands. The stock had previously closed at GBX 1.24.
Emmerson Stock Up 0.8%
The business has a 50-day simple moving average of GBX 1.51 and a 200-day simple moving average of GBX 1.90. The company has a market cap of £16.70 million, a PE ratio of -10.59 and a beta of 1.27.
Emmerson (LON:EML – Get Free Report) last issued its quarterly 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 EPS 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.