Shares of Morgan Advanced Materials (OTCMKTS:MCRUF – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 4,425 shares changed hands during mid-day trading, an increase of 429% from the previous session’s volume of 836 shares.The stock last traded at $2.98 and had previously closed at $2.95.
Morgan Advanced Materials Trading Up 8.9%
The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.80 and a current ratio of 1.23. The stock has a 50 day moving average price of $2.87 and a 200 day moving average price of $2.97.
About Morgan Advanced Materials
Morgan Advanced Materials is a global engineering group specializing in the design, development and manufacture of advanced ceramic, carbon and composite materials. Founded in 1856 and headquartered in Windsor, England, the company serves a broad range of end markets by providing high-performance materials and components that enable critical applications in industries such as energy, electronics, aerospace, transportation and medical equipment.
The company’s portfolio includes engineered ceramics for thermal management and insulation, carbon materials for electrical and mechanical applications, and composite assemblies for wear-resistant and refractory uses.
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