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

Emmerson PLC (LON:EML) reached a new 52-week low on Tuesday . The stock traded as low as GBX 1.40 and last traded at GBX 1.43, with a volume of 1051705 shares trading hands. The stock had previously closed at GBX 1.50.

Emmerson Stock Performance

The firm has a market capitalization of £21.38 million, a PE ratio of -13.56 and a beta of 1.27. The company has a fifty day moving average price of GBX 1.70 and a 200-day moving average price of GBX 2.06.

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.