Emmerson (LON:EML) Sets New 12-Month Low – What’s Next?
by Sarita Garza · The Markets DailyEmmerson PLC (LON:EML – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 1.40 and last traded at GBX 1.57, with a volume of 240477 shares traded. The stock had previously closed at GBX 1.50.
Emmerson Price Performance
The company has a market cap of £20.98 million, a PE ratio of -13.31 and a beta of 1.27. The stock has a 50 day simple moving average of GBX 1.77 and a two-hundred day simple moving average of GBX 2.12.
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.