Emmerson (LON:EML) Shares Down 2.7% – Here’s What Happened

Emmerson PLC (LON:EML – Get Free Report)’s share price traded down 2.7% on Monday. The stock traded as low as GBX 1.09 and last traded at GBX 1.10. Approximately 2,106,765 shares changed hands during trading, an increase of 98% from the average daily volume of 1,064,048 shares. The stock had previously closed at GBX 1.13.

Emmerson Stock Performance

The stock has a market cap of £14.70 million, a price-to-earnings ratio of -9.32 and a beta of 1.27. The firm’s 50-day simple moving average is GBX 1.51 and its two-hundred day simple moving average is GBX 1.90.

Emmerson (LON:EML – Get Free Report) last posted its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) earnings per share (EPS) for the quarter. Equities research analysts expect 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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