Emmerson (LON:EML) Shares Down 7.7%

Emmerson PLC (LON:EMLGet Free Report)’s share price dropped 7.7% during trading on Thursday . The company traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.40 ($0.03). Approximately 2,946,650 shares changed hands during trading, an increase of 44% from the average daily volume of 2,045,062 shares. The stock had previously closed at GBX 2.60 ($0.03).

Emmerson Price Performance

The company has a market cap of £24.72 million, a PE ratio of -16.33 and a beta of 1.06. The business has a 50-day moving average of GBX 2.33 and a 200 day moving average of GBX 1.96.

About Emmerson

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Emmerson PLC engages in the exploration and development of a potash development project in Morocco. Its flagship property is the Khemisset potash project located in northern Morocco. The company was incorporated in 2016 and is based in Douglas, Isle of Man.

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