Emmerson PLC (LON:EML – Get Free Report)’s share price was down 9.1% during trading on Thursday. The stock traded as low as GBX 1.30 and last traded at GBX 1.35. 637,968 shares changed hands during trading, a decline of 41% from the average daily volume of 1,072,859 shares. The stock had previously closed at GBX 1.49.
Emmerson Price Performance
The company’s 50-day simple moving average is GBX 1.59 and its 200-day simple moving average is GBX 1.97. The company has a market cap of £17.37 million, a price-to-earnings ratio of -11.02 and a beta of 1.27.
Emmerson (LON:EML – Get Free Report) last posted its earnings results on Monday, September 28th. The company reported GBX (0.14) EPS for the quarter. Equities 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.
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