Morgan Advanced Materials (OTCMKTS:MCRUF) Hits New 52-Week Low – What’s Next?

Morgan Advanced Materials plc (OTCMKTS:MCRUFGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $2.75 and last traded at $2.75, with a volume of 8500 shares changing hands. The stock had previously closed at $3.10.

Morgan Advanced Materials Stock Performance

The business’s 50-day simple moving average is $3.14 and its 200 day simple moving average is $3.52. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.41 and a current ratio of 2.19.

About Morgan Advanced Materials

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Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013.

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