Zacks Investment Research Lowers Morgan Advanced Materials (OTCMKTS:MCRUF) to Sell

Zacks Investment Research lowered shares of Morgan Advanced Materials (OTCMKTS:MCRUF) from a hold rating to a sell rating in a report released on Tuesday morning, Zacks.com reports.

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. “

OTCMKTS MCRUF opened at $3.20 on Tuesday. Morgan Advanced Materials has a twelve month low of $3.20 and a twelve month high of $4.34. The business has a 50-day simple moving average of $3.20.

Morgan Advanced Materials Company Profile

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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