Emmerson (LON:EML) Trading 1.6% Higher – Here’s Why

Emmerson PLC (LON:EMLGet Free Report) shares were up 1.6% on Tuesday . The company traded as high as GBX 1.55 ($0.02) and last traded at GBX 1.55 ($0.02). Approximately 817,896 shares were traded during trading, a decline of 79% from the average daily volume of 3,832,777 shares. The stock had previously closed at GBX 1.53 ($0.02).

Emmerson Stock Performance

The firm has a market capitalization of £24.84 million, a PE ratio of -6.84 and a beta of 0.96. The business’s 50 day moving average price is GBX 1.63 and its 200-day moving average price is GBX 1.13.

About Emmerson

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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.

Further Reading

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