Emmerson (LON:EML) Hits New 52-Week Low – Time to Sell?

Emmerson PLC (LON:EML) hit a new 52-week low on Thursday . The stock traded as low as GBX 1.40 and last traded at GBX 1.59, with a volume of 2985206 shares. The stock had previously closed at GBX 1.56.

Emmerson Stock Performance

The stock has a fifty day moving average of GBX 1.93 and a 200-day moving average of GBX 2.20. The company has a market cap of £21.32 million, a PE ratio of -13.52 and a beta of 1.27.

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.