Emmerson (LON:EML) Stock Price Up 3.3% – Still a Buy?

Shares of Emmerson PLC (LON:EMLGet Free Report) rose 3.3% on Monday . The stock traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.42 ($0.02). Approximately 855,855 shares traded hands during trading, a decline of 85% from the average daily volume of 5,570,214 shares. The stock had previously closed at GBX 1.38 ($0.02).

Emmerson Stock Up 3.3 %

The company has a 50 day moving average of GBX 0.90 and a two-hundred day moving average of GBX 1.05. The firm has a market cap of £22.76 million, a P/E ratio of -6.27 and a beta of 0.96.

About Emmerson

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Emmerson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emmerson and related companies with MarketBeat.com's FREE daily email newsletter.