Morgan Advanced Materials (OTCMKTS:MCRUF) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of Morgan Advanced Materials (OTCMKTS:MCRUF) from a sell rating to a hold rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “

Shares of Morgan Advanced Materials stock opened at $3.20 on Tuesday. The stock has a 50-day simple moving average of $3.20. Morgan Advanced Materials has a 1 year low of $3.20 and a 1 year high of $4.34.

Morgan Advanced Materials Company Profile

Morgan Advanced Materials plc operates as an advanced materials science and engineering company that focuses on ceramics, carbon, and composites primarily in the United Kingdom. The company offers insulating fibers, bricks, and monolithics; structural ceramics; electrical carbon, linear, and rotary transfer systems; seals and bearings; piezoelectric sensors and transducers; crucibles for metals processing; ballistic protection products; and ceramic cores for investment casting, as well as braze alloys.

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