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

Emmerson PLC (LON:EML – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as GBX 1.10 and last traded at GBX 1.25, with a volume of 1,106,852 shares traded. The stock had previously closed at GBX 1.24.

Emmerson Price Performance

The stock has a market capitalization of £16.70 million, a PE ratio of -10.59 and a beta of 1.27. The business’s fifty day moving average price is GBX 1.51 and its two-hundred day moving average price is GBX 1.90.

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 for the quarter. As a group, equities 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.

Further Reading

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