Emmerson (LON:EML) Shares Down 4.3% – Here’s What Happened

Emmerson PLC (LON:EML) shares traded down 4.3% during mid-day trading on Monday . The company traded as low as GBX 2.07 and last traded at GBX 2.20. 1,466,956 shares traded hands during trading, a decline of 32% from the average session volume of 2,150,403 shares. The stock had previously closed at GBX 2.30.

Emmerson Stock Down 13.0%

The stock has a market cap of £25.88 million, a PE ratio of -0.88 and a beta of 0.96. The company’s fifty day moving average is GBX 1.89 and its 200 day moving average is GBX 1.86.

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.