Shares of Emmerson PLC (LON:EML – Get Free Report) shot up 10% during trading on Wednesday. The company traded as high as GBX 1.49 and last traded at GBX 1.49. Approximately 257,158 shares traded hands during trading, a decline of 76% from the average daily volume of 1,075,112 shares. The stock had previously closed at GBX 1.35.
Emmerson Trading Up 10.0%
The stock has a market cap of £19.85 million, a price-to-earnings ratio of -12.58 and a beta of 1.27. The firm’s 50-day moving average is GBX 1.62 and its two-hundred day moving average is GBX 1.98.
Emmerson (LON:EML – Get Free Report) last posted its quarterly earnings data on Monday, September 28th. The company reported GBX (0.14) earnings per share (EPS) for the quarter. On average, analysts predict that Emmerson PLC will post -0.08 earnings per share for the current 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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