Emmerson (LON:EML) Shares Up 5.9% – Here’s Why

Emmerson PLC (LON:EML)’s share price rose 5.9% during mid-day trading on Monday . The stock 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 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 Up 5.9 %

The stock has a fifty day moving average price of GBX 0.68 and a two-hundred day moving average price of GBX 1.13. The company has a market capitalization of £10.26 million, a price-to-earnings ratio of -16.33 and a beta of 0.96.

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.