Emmerson (LON:EML) Stock Price Down 3.7% – Here’s What Happened

Emmerson PLC (LON:EML – Get Free Report) shares fell 3.7% during trading on Friday . The stock traded as low as GBX 1.70 and last traded at GBX 1.73. 502,432 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 1,107,503 shares. The stock had previously closed at GBX 1.80.

Emmerson Stock Performance

The stock has a fifty day simple moving average of GBX 2.03 and a 200-day simple moving average of GBX 2.24. The stock has a market cap of £23.16 million, a P/E ratio of -14.69 and a beta of 1.27.

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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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