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

Emmerson PLC (LON:EML)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1.40 and last traded at GBX 1.59, with a volume of 2985206 shares changing hands. The stock had previously closed at GBX 1.56.

Emmerson Stock Performance

The firm has a market capitalization of £21.32 million, a P/E ratio of -13.52 and a beta of 1.27. The stock’s 50 day simple moving average is GBX 1.93 and its 200 day simple moving average is GBX 2.20.

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.