Emmerson (LON:EML) Shares Down 12.8%

Emmerson PLC (LON:EML)’s stock price traded down 12.8% during mid-day trading on Wednesday . The company traded as low as GBX 1.13 ($0.01) and last traded at GBX 1.13 ($0.01). 1,910,801 shares were traded during trading, an increase of 38% from the average session volume of 1,384,489 shares. The stock had previously closed at GBX 1.30 ($0.02).

Emmerson Stock Performance

The company has a market cap of £12.92 million, a P/E ratio of -16.33 and a beta of 0.96. The business has a 50 day moving average price of GBX 1.60 and a two-hundred day moving average price of GBX 1.95.

Emmerson Company Profile

Emmerson PLC engages in the exploration and development of a potash development project in Morocco. Its flagship property is the Khemisset potash project located in northern Morocco. The company was incorporated in 2016 and is based in Douglas, Isle of Man.