Morgan Advanced Materials (MCRUF) to Release Earnings on Friday

Morgan Advanced Materials (OTCMKTS:MCRUF) is anticipated to announce its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.0647 per share for the quarter.

Morgan Advanced Materials Stock Performance

MCRUF opened at $3.27 on Friday. Morgan Advanced Materials has a 12 month low of $2.37 and a 12 month high of $3.27. The business has a 50-day moving average of $2.98 and a two-hundred day moving average of $2.86. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.11 and a current ratio of 1.74.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada cut shares of Morgan Advanced Materials from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Morgan Advanced Materials has a consensus rating of “Hold”.

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.