Morgan Advanced Materials plc (LON:MGAM - Get Free Report) insider Damien Caby sold 15,016 shares of Morgan Advanced Materials stock in a transaction on Friday, May 30th. The stock was sold at an average price of GBX 212 ($2.87), for a total transaction of £31,833.92 ($43,065.37).
Morgan Advanced Materials Stock Down 0.2%
Shares of Morgan Advanced Materials stock traded down GBX 0.50 ($0.01) during trading on Friday, reaching GBX 214 ($2.90). 382,605 shares of the company traded hands, compared to its average volume of 1,573,170. The firm has a market capitalization of £603.23 million, a PE ratio of 8.81, a P/E/G ratio of 0.51 and a beta of 1.34. The company has a 50 day moving average price of GBX 198.76 and a 200-day moving average price of GBX 234.53. The company has a debt-to-equity ratio of 103.31, a current ratio of 2.19 and a quick ratio of 1.26. Morgan Advanced Materials plc has a 1-year low of GBX 171.20 ($2.32) and a 1-year high of GBX 347 ($4.69).
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada decreased their target price on Morgan Advanced Materials from GBX 320 ($4.33) to GBX 265 ($3.58) and set an "outperform" rating for the company in a research note on Monday, March 3rd.
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Morgan Advanced Materials Company Profile
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Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013.
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