Emmerson (LON:EML) Stock Price Up 5.9% – Should You Buy?

Emmerson PLC (LON:EML)’s share price was up 5.9% during mid-day trading on Monday . The company traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 4,374,072 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 5,605,652 shares. The stock had previously closed at GBX 0.85 ($0.01).

Emmerson Stock Performance

The company’s 50-day moving average price is GBX 0.68 and its 200-day moving average price is GBX 1.13. The firm has a market capitalization of £10.26 million, a PE ratio of -16.33 and a beta of 0.96.

About Emmerson

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.