Emmerson (LON:EML) Hits New 52-Week Low – What’s Next?

Emmerson PLC (LON:EML) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 1.40 and last traded at GBX 1.57, with a volume of 240477 shares. The stock had previously closed at GBX 1.50.

Emmerson Trading Up 6.7%

The company has a 50 day simple moving average of GBX 1.74 and a two-hundred day simple moving average of GBX 2.10. The firm has a market capitalization of £21.38 million, a P/E ratio of -13.56 and a beta of 1.27.

Emmerson Company Profile

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.