Emmerson (LON:EML) Trading Down 3.3% – Time to Sell?

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

Emmerson Stock Performance

The stock has a 50-day moving average of GBX 0.67 and a 200 day moving average of GBX 1.21. The firm has a market capitalization of £7.98 million, a P/E 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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