Morgan Advanced Materials (OTCMKTS:MCRUF) Shares Gap Up – Here’s What Happened

Morgan Advanced Materials (OTCMKTS:MCRUFGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $3.20, but opened at $3.40. Morgan Advanced Materials shares last traded at $3.40, with a volume of 368 shares.

Morgan Advanced Materials Trading Up 5.6%

The stock has a 50 day moving average of $3.17 and a 200 day moving average of $3.02. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

About Morgan Advanced Materials

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Morgan Advanced Materials plc is a United Kingdom-based engineering company that develops and manufactures advanced materials and components for demanding industrial applications. Its products are designed to withstand extreme temperatures, electrical loads, wear, corrosion and other challenging operating conditions.

The company’s offerings include carbon-based materials, technical ceramics, ceramic cores, thermal-management products, electrical and electronic components, seals, bearings and other engineered solutions.

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