Emmerson (LON:EML) Shares Down 9.8% – What’s Next?

Emmerson PLC (LON:EML)’s share price fell 9.8% during trading on Friday . The stock traded as low as GBX 0.95 ($0.01) and last traded at GBX 0.99 ($0.01). 1,307,750 shares traded hands during trading, a decline of 73% from the average session volume of 4,811,044 shares. The stock had previously closed at GBX 1.10 ($0.01).

Emmerson Price Performance

The firm has a fifty day moving average of GBX 0.73 and a two-hundred day moving average of GBX 1.07. The stock has a market capitalization of £11.34 million, a P/E ratio of -16.33 and a beta of 0.96.

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.