Emmerson (LON:EML) Hits New 52-Week Low – Here’s Why

Shares of Emmerson PLC (LON:EML – Get Free Report) hit a new 52-week low on Monday. The company 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 Price Performance

The company’s 50 day simple moving average is GBX 1.69 and its 200 day simple moving average is GBX 2.04. The firm has a market cap of £20.05 million, a price-to-earnings ratio of -12.71 and a beta of 1.27.

Emmerson (LON:EML – Get Free Report) last announced its quarterly earnings data on Monday, September 28th. The company reported GBX (0.14) earnings per share (EPS) for the quarter. As a group, analysts forecast that Emmerson PLC will post -0.08 earnings per share for the current year.

Emmerson Company Profile

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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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