Emmerson (LON:EML) Reaches New 52-Week Low – Here’s What Happened

Emmerson PLC (LON:EML)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 1.40 and last traded at GBX 1.59, with a volume of 2985206 shares changing hands. The stock had previously closed at GBX 1.56.

Emmerson Trading Up 0.3%

The stock has a fifty day simple moving average of GBX 1.91 and a two-hundred day simple moving average of GBX 2.19. The company has a market cap of £21.38 million, a PE ratio of -13.56 and a beta of 1.27.

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.