Emmerson (LON:EML) Hits New 12-Month Low – What’s Next?

Shares of Emmerson PLC (LON:EML – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as GBX 1.10 and last traded at GBX 1.25, with a volume of 1,106,852 shares traded. The stock had previously closed at GBX 1.24.

Emmerson Stock Performance

The company has a fifty day simple moving average of GBX 1.51 and a two-hundred day simple moving average of GBX 1.90. The firm has a market capitalization of £15.10 million, a PE ratio of -9.58 and a beta of 1.27.

Emmerson (LON:EML – Get Free Report) last announced its quarterly earnings results on Monday, September 28th. The company reported GBX (0.14) EPS for the quarter. On average, equities analysts anticipate that Emmerson PLC will post -0.08 earnings per share for the current fiscal 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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