Emmerson (LON:EML) Trading Down 3.3% – Here’s Why

Emmerson PLC (LON:EMLGet Free Report) shares were down 3.3% during trading on Tuesday . The stock traded as low as GBX 0.70 ($0.01) and last traded at GBX 0.71 ($0.01). Approximately 11,102,051 shares changed hands during trading, a decline of 14% from the average daily volume of 12,935,024 shares. The stock had previously closed at GBX 0.73 ($0.01).

Emmerson Stock Down 3.3 %

The business’s fifty day moving average is GBX 0.65 and its two-hundred day moving average is GBX 1.22. The firm has a market cap of £8.05 million, a price-to-earnings ratio of -16.33 and a beta of 0.96.

Emmerson Company Profile

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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.

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