Emmerson (LON:EML) Shares Down 1.9%

Emmerson PLC (LON:EMLGet Free Report) shares dropped 1.9% on Monday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.52 ($0.02). Approximately 160,146 shares traded hands during trading, a decline of 89% from the average daily volume of 1,467,126 shares. The stock had previously closed at GBX 1.55 ($0.02).

Emmerson Stock Performance

The business’s 50 day moving average price is GBX 1.71 and its 200-day moving average price is GBX 2.07. The firm has a market capitalization of £17.34 million, a PE ratio of -16.33 and a beta of 1.01.

About Emmerson

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Emmerson PLC engages in the exploration and development of a potash development project in Morocco. Its flagship property is the Khemisset potash project located in northern Morocco. The company was incorporated in 2016 and is based in Douglas, Isle of Man.

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