Emmerson (LON:EML) Trading Down 3.7% – Should You Sell?

Emmerson PLC (LON:EML)’s stock price dropped 3.7% during mid-day trading on Friday . The stock traded as low as GBX 1.70 and last traded at GBX 1.73. Approximately 502,432 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 1,107,503 shares. The stock had previously closed at GBX 1.80.

Emmerson Stock Performance

The stock has a market cap of £23.16 million, a PE ratio of -14.69 and a beta of 1.27. The stock has a fifty day moving average price of GBX 2.03 and a 200 day moving average price of GBX 2.24.

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.