Emmerson (LON:EML) Shares Down 14.4% – What’s Next?

Emmerson PLC (LON:EMLGet Free Report) shares traded down 14.4% on Thursday . The stock traded as low as GBX 0.54 ($0.01) and last traded at GBX 0.54 ($0.01). 4,010,932 shares were traded during trading, an increase of 75% from the average session volume of 2,293,561 shares. The stock had previously closed at GBX 0.63 ($0.01).

Emmerson Trading Down 7.2 %

The firm’s 50 day moving average price is GBX 1.44 and its two-hundred day moving average price is GBX 1.79. The company has a market capitalization of £6.61 million, a P/E ratio of -16.33 and a beta of 0.96.

About Emmerson

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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.

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