Morgan Advanced Materials (OTCMKTS:MCRUF) Upgraded at Zacks Investment Research

Morgan Advanced Materials (OTCMKTS:MCRUFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday, 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. “

Separately, Berenberg Bank upgraded shares of Morgan Advanced Materials from a “hold” rating to a “buy” rating in a research note on Wednesday, January 19th.

Shares of Morgan Advanced Materials stock opened at $4.14 on Wednesday. Morgan Advanced Materials has a twelve month low of $4.14 and a twelve month high of $5.48. The company has a 50-day simple moving average of $4.14 and a two-hundred day simple moving average of $4.65.

About Morgan Advanced Materials (Get Rating)

Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It offers high-temperature insulating fiber, microporous, firebrick and insulating firebrick, monolithic, heat shield, fired refractory shape, and structural block insulation products; crucibles, foundry products, and furnace industries furnace ranges; and seals and bearings, as well as general pump components, such as shafts, vanes, rotors, and washers.

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