Emmerson (LON:EML) Shares Up 1.8% – Should You Buy?

Emmerson PLC (LON:EML) shares rose 1.8% during trading on Wednesday . The company traded as high as GBX 2.24 and last traded at GBX 2.24. 1,005,406 shares were traded during trading, a decline of 20% from the average daily volume of 1,262,444 shares. The stock had previously closed at GBX 2.20.

Emmerson Price Performance

The stock has a market capitalization of £29.93 million, a P/E ratio of -0.99 and a beta of 1.32. The stock’s fifty day moving average is GBX 2.18 and its 200-day moving average is GBX 2.28.

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.