Emmerson (LON:EML) Stock Price Down 4.3% – Time to Sell?

Emmerson PLC (LON:EML)’s stock price was down 4.3% on Monday . The company traded as low as GBX 2.07 and last traded at GBX 2.20. Approximately 1,466,956 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 2,150,403 shares. The stock had previously closed at GBX 2.30.

Emmerson Price Performance

The stock has a 50-day moving average price of GBX 1.89 and a 200-day moving average price of GBX 1.86. The firm has a market capitalization of £25.88 million, a PE ratio of -0.88 and a beta of 0.96.

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.