Emmerson (LON:EML) Stock Price Down 2.7% – Time to Sell?

Emmerson PLC (LON:EML)’s stock price traded down 2.7% on Tuesday . The company traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.81 ($0.02). 687,817 shares changed hands during trading, a decline of 85% from the average session volume of 4,479,401 shares. The stock had previously closed at GBX 1.86 ($0.02).

Emmerson Stock Performance

The company has a market capitalization of £29.17 million, a price-to-earnings ratio of -8.04 and a beta of 0.96. The firm has a fifty day moving average price of GBX 1.39 and a 200-day moving average price of GBX 1.09.

Emmerson Company Profile

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.