Emmerson (LON:EML) Hits New 12-Month Low – Time to Sell?

Emmerson PLC (LON:EML – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 1.30 and last traded at GBX 1.50, with a volume of 2551553 shares trading hands. The stock had previously closed at GBX 1.50.

Emmerson Stock Performance

The firm’s fifty day moving average is GBX 1.69 and its 200 day moving average is GBX 2.04. The company has a market cap of £20.05 million, a PE ratio of -12.71 and a beta of 1.27.

Emmerson (LON:EML – Get Free Report) last issued its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) EPS for the quarter. As a group, sell-side analysts anticipate that Emmerson PLC will post -0.08 EPS for the current fiscal year.

About Emmerson

(Get Free Report)

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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