Emmerson (LON:EML) Trading 6.9% Higher – Here’s Why

Emmerson PLC (LON:EMLGet Free Report)’s share price shot up 6.9% during mid-day trading on Friday . The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.70 ($0.01). 135,633 shares traded hands during trading, a decline of 95% from the average session volume of 2,992,810 shares. The stock had previously closed at GBX 0.65 ($0.01).

Emmerson Trading Up 6.9 %

The company’s fifty day simple moving average is GBX 1.04 and its 200 day simple moving average is GBX 1.49. The firm has a market capitalization of £7.92 million, a P/E ratio of -16.33 and a beta of 0.96.

Emmerson Company Profile

(Get Free Report)

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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