Emmerson PLC (LON:EML – Get Free Report)’s share price rose 9.9% during mid-day trading on Tuesday. The stock traded as high as GBX 1.03 and last traded at GBX 1. 515,539 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 1,043,259 shares. The stock had previously closed at GBX 0.91.
Emmerson Stock Up 9.9%
The firm has a market cap of £13.36 million, a P/E ratio of -8.47 and a beta of 1.27. The stock’s 50-day moving average is GBX 1.37 and its 200-day moving average is GBX 1.98.
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, analysts expect that Emmerson PLC will post -0.08 EPS 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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