Emmerson (LON:EML) Trading 1.8% Higher – Here’s Why

Emmerson PLC (LON:EMLGet Free Report) shares traded up 1.8% during trading on Wednesday . The stock traded as high as GBX 2.24 and last traded at GBX 2.24. 1,005,406 shares were traded during mid-day trading, a decline of 20% from the average session volume of 1,262,444 shares. The stock had previously closed at GBX 2.20.

Emmerson Trading Up 0.9%

The stock has a market cap of £29.67 million, a PE ratio of -0.98 and a beta of 1.32. The business has a fifty day simple moving average of GBX 2.18 and a two-hundred day simple moving average of GBX 2.28.

About Emmerson

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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.

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