Zacks Investment Research downgraded shares of Morgan Adv Matl (OTCMKTS:MCRUF) from a buy rating to a hold rating in a research note issued to investors on Thursday morning.
According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “
Shares of Morgan Adv Matl (OTCMKTS:MCRUF) opened at $4.09 on Thursday. Morgan Adv Matl has a one year low of $3.42 and a one year high of $4.27.
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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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