Emmerson PLC (LON:EML – Get Free Report) shares shot up 9.9% during mid-day trading on Tuesday. The company traded as high as GBX 1.03 and last traded at GBX 1. Approximately 515,539 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 1,043,259 shares. The stock had previously closed at GBX 0.91.
Emmerson Price Performance
The company has a market capitalization of £14.70 million, a price-to-earnings ratio of -9.32 and a beta of 1.27. The business has a fifty day moving average price of GBX 1.34 and a 200 day moving average price of GBX 1.97.
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, sell-side analysts predict that Emmerson PLC will post -0.08 earnings per share for the current fiscal year.
About Emmerson
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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