Emmerson (LON:EML) Reaches New 52-Week High – What’s Next?

Emmerson PLC (LON:EML) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2.70 and last traded at GBX 2.64, with a volume of 8640154 shares changing hands. The stock had previously closed at GBX 2.40.

Emmerson Price Performance

The firm has a 50-day simple moving average of GBX 2.19 and a 200 day simple moving average of GBX 1.93. The company has a market capitalization of £34.16 million, a PE ratio of -1.16 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.