Morgan Advanced Materials (LON:MGAM) Shares Down 16.2% – Should You Sell?

Posted by Casey Walker on Mar 2nd, 2025

Morgan Advanced Materials plc (LON:MGAM – Get Free Report)’s share price fell 16.2% on Saturday . The stock traded as low as GBX 198 ($2.49) and last traded at GBX 214.51 ($2.70). Approximately 8,720,610 shares were traded during trading, an increase of 451% from the average daily volume of 1,583,410 shares. The stock had previously closed at GBX 256 ($3.22).

Analyst Upgrades and Downgrades

A number of research firms have commented on MGAM. Citigroup boosted their price objective on Morgan Advanced Materials from GBX 325 ($4.09) to GBX 330 ($4.15) and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Royal Bank of Canada reduced their price target on shares of Morgan Advanced Materials from GBX 350 ($4.40) to GBX 320 ($4.02) and set an “outperform” rating on the stock in a research report on Thursday, November 7th.

Check Out Our Latest Stock Analysis on Morgan Advanced Materials

Morgan Advanced Materials Stock Down 16.2 %

The company has a debt-to-equity ratio of 103.31, a current ratio of 2.19 and a quick ratio of 1.26. The stock has a market cap of £604.67 million, a price-to-earnings ratio of 8.83, a price-to-earnings-growth ratio of 0.51 and a beta of 1.34. The firm has a 50 day simple moving average of GBX 265.32 and a two-hundred day simple moving average of GBX 270.85.

Morgan Advanced Materials (LON:MGAM – Get Free Report) last posted its earnings results on Friday, February 28th. The company reported GBX 25.50 ($0.32) earnings per share for the quarter. Morgan Advanced Materials had a net margin of 6.17% and a return on equity of 19.02%. As a group, sell-side analysts expect that Morgan Advanced Materials plc will post 32.5 EPS for the current year.

Morgan Advanced Materials Company Profile

(Get Free Report)

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.