Morgan Advanced Materials plc (OTCMKTS:MCRUF - Get Free Report)'s share price shot up 18.1% during mid-day trading on Friday . The stock traded as high as $2.80 and last traded at $2.80. 8,062 shares were traded during mid-day trading, an increase of 530% from the average session volume of 1,280 shares. The stock had previously closed at $2.37.
Analyst Upgrades and Downgrades
Separately, Barclays lowered shares of Morgan Advanced Materials from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 24th.
Read Our Latest Stock Report on MCRUF
Morgan Advanced Materials Trading Up 18.1%
The business's fifty day moving average price is $2.44 and its 200-day moving average price is $2.84. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.41 and a current ratio of 2.19.
About Morgan Advanced Materials
(
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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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