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

Emmerson PLC (LON:EML)’s share price traded up 7% 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 changed hands during mid-day 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 Trading Up 9.7 %

The company has a fifty day moving average of GBX 0.77 and a 200-day moving average of GBX 1.05. The company has a market capitalization of £24.18 million, a price-to-earnings ratio of -6.66 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.