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

Emmerson PLC (LON:EML) shares were up 3.3% during mid-day trading on Monday . The company traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.42 ($0.02). Approximately 855,855 shares were traded during mid-day 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 Trading Up 3.3 %

The stock has a market cap of £22.76 million, a price-to-earnings ratio of -6.27 and a beta of 0.96. The stock has a fifty day simple moving average of GBX 0.90 and a 200-day simple moving average of GBX 1.05.

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.