Morgan Advanced Materials PLC (OTCMKTS:MCRUF)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $3.80 and last traded at $3.80, with a volume of 100 shares traded. The stock had previously closed at $3.00.
Separately, Zacks Investment Research upgraded Morgan Advanced Materials from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th.
The firm has a 50 day simple moving average of $2.99 and a 200 day simple moving average of $3.11. The company has a quick ratio of 0.91, a current ratio of 1.43 and a debt-to-equity ratio of 0.87.
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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