Emmerson (LON:EML) Sets New 1-Year High – What’s Next?

Emmerson PLC (LON:EML) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 3.10 and last traded at GBX 2.98, with a volume of 1479077 shares. The stock had previously closed at GBX 2.80.

Emmerson Stock Performance

The stock has a market capitalization of £35.00 million, a price-to-earnings ratio of -1.19 and a beta of 1.30. The business has a 50-day moving average of GBX 2.37 and a 200-day moving average of GBX 2.03.

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.