Emmerson PLC (LON:EML – Get Free Report)’s stock price dropped 9.1% during mid-day trading on Monday. The stock traded as low as GBX 1 and last traded at GBX 1. 1,125,590 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 1,053,033 shares. The stock had previously closed at GBX 1.10.
Emmerson Stock Down 9.1%
The firm has a market cap of £13.36 million, a P/E ratio of -8.47 and a beta of 1.27. The company has a fifty day simple moving average of GBX 1.44 and a 200-day simple moving average of GBX 2.02.
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 for the quarter. As a group, research analysts forecast that Emmerson PLC will post -0.08 EPS for the current 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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