Morgan Advanced Materials (OTCMKTS:MCRUF) Rating Increased to Hold 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 report issued on Tuesday, 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. “

Shares of OTCMKTS MCRUF opened at $3.50 on Tuesday. Morgan Advanced Materials has a fifty-two week low of $3.50 and a fifty-two week high of $5.48. The business has a 50-day simple moving average of $3.83 and a two-hundred day simple moving average of $4.25.

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 fibers, microporous, firebrick and insulating firebrick, monolithic, heat shields, and fired refractory shape products; crucibles, foundry and ferrous products, and furnace industries furnace ranges; and seals and bearings, such as face seals, split and segmented seals, sliding bearings, shafts, rotary vane pump components, and sliding valve components.

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