Emmerson (LON:EML) Sets New 12-Month Low – Here’s Why

Emmerson PLC (LON:EML – Get Free Report) hit a new 52-week low on Wednesday. The company traded as low as GBX 0.90 and last traded at GBX 0.99, with a volume of 1,830,986 shares. The stock had previously closed at GBX 1.

Emmerson Stock Down 1.0%

The stock 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 50 day simple moving average of GBX 1.42 and a 200-day simple moving average of GBX 2.

Emmerson (LON:EML – Get Free Report) last issued its earnings results on Monday, September 28th. The company reported GBX (0.14) earnings per share for the quarter. As a group, sell-side 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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