Emmerson (LON:EML) Trading 13.7% Higher – Should You Buy?

Emmerson PLC (LON:EML) shares were up 13.7% on Tuesday . The company traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 5,345,565 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 5,109,729 shares. The stock had previously closed at GBX 1.45 ($0.02).

Emmerson Trading Up 13.7 %

The stock’s fifty day moving average price is GBX 1 and its two-hundred day moving average price is GBX 1.04. The firm has a market capitalization of £26.41 million, a price-to-earnings ratio of -7.28 and a beta of 0.96.

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.