Morgan Advanced Materials plc (LON:MGAM - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 224.64 ($3.02) and traded as low as GBX 222.50 ($2.99). Morgan Advanced Materials shares last traded at GBX 229.50 ($3.08), with a volume of 328,646 shares traded.
Morgan Advanced Materials Price Performance
The company has a current ratio of 2.19, a quick ratio of 1.26 and a debt-to-equity ratio of 103.31. The firm has a market cap of £646.93 million, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.51 and a beta of 1.34. The company's 50-day moving average is GBX 217.12 and its 200-day moving average is GBX 224.64.
Insider Activity
In related news, insider Damien Caby sold 15,016 shares of Morgan Advanced Materials stock in a transaction on Friday, May 30th. The shares were sold at an average price of GBX 212 ($2.85), for a total transaction of £31,833.92 ($42,730.09). Also, insider Pete Raby sold 52,587 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of GBX 214 ($2.87), for a total value of £112,536.18 ($151,055.28). Over the last 90 days, insiders sold 93,951 shares of company stock valued at $20,022,786. Insiders own 1.69% of the company's stock.
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.
See Also
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