Morgan Advanced Materials plc (LON:MGAM - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 224.64 ($3.04) and traded as low as GBX 222.50 ($3.01). Morgan Advanced Materials shares last traded at GBX 229.50 ($3.10), with a volume of 328,646 shares.
Morgan Advanced Materials Price Performance
The stock has a market capitalization of £642.02 million, a P/E ratio of 9.37, a price-to-earnings-growth ratio of 0.51 and a beta of 1.34. The business's 50 day simple moving average is GBX 217.12 and its two-hundred day simple moving average is GBX 223.98. The company has a quick ratio of 1.26, a current ratio of 2.19 and a debt-to-equity ratio of 103.31.
Insider Activity at Morgan Advanced Materials
In related news, insider Richard Armitage sold 26,348 shares of the firm's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of GBX 212 ($2.87), for a total transaction of £55,857.76 ($75,514.07). Also, insider Damien Caby sold 15,016 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of GBX 212 ($2.87), for a total transaction of £31,833.92 ($43,036.26). Insiders have sold 93,951 shares of company stock valued at $20,022,786 over the last ninety days. Corporate insiders own 1.69% of the company's stock.
About Morgan Advanced Materials
(
Get Free Report)
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
Before you consider Morgan Advanced Materials, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Advanced Materials wasn't on the list.
While Morgan Advanced Materials currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access