Morgan Advanced Materials (OTCMKTS:MCRUF) Stock Rating Lowered by Barclays

Morgan Advanced Materials (OTCMKTS:MCRUF) was downgraded by equities research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Morgan Advanced Materials Stock Performance

Shares of Morgan Advanced Materials stock opened at $2.44 on Thursday. Morgan Advanced Materials has a one year low of $2.37 and a one year high of $4.15. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.41 and a current ratio of 2.19. The firm has a fifty day moving average of $2.67 and a two-hundred day moving average of $3.12.

Morgan Advanced Materials Company Profile

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.