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

Emmerson PLC (LON:EMLGet Free Report)’s stock price hit 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 changing hands. The stock had previously closed at GBX 1.50.

Emmerson Stock Performance

The firm has a market cap of £20.98 million, a price-to-earnings ratio of -13.31 and a beta of 1.27. The firm has a 50-day moving average price of GBX 1.77 and a two-hundred day moving average price of GBX 2.12.

Emmerson Company Profile

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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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