Emmerson (LON:EML) Sets New 1-Year Low – Here’s Why

Emmerson PLC (LON:EML)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 1.40 and last traded at GBX 1.43, with a volume of 1051705 shares. The stock had previously closed at GBX 1.50.

Emmerson Price Performance

The stock’s fifty day simple moving average is GBX 1.72 and its 200-day simple moving average is GBX 2.08. The stock has a market cap of £19.15 million, a P/E ratio of -12.14 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.