Emmerson (LON:EML) Trading Up 7% – Should You Buy?

Emmerson PLC (LON:EML) shares traded up 7% during mid-day trading on Wednesday . The company traded as high as GBX 1.15 ($0.01) and last traded at GBX 1.15 ($0.01). 112,819 shares traded hands during trading, a decline of 97% from the average session volume of 4,484,369 shares. The stock had previously closed at GBX 1.08 ($0.01).

Emmerson Stock Up 7.0 %

The stock has a market cap of £13.11 million, a PE ratio of -16.33 and a beta of 0.96. The firm has a 50 day moving average price of GBX 0.75 and a 200 day moving average price of GBX 1.06.

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.