Morgan Advanced Materials (OTCMKTS:MCRUF) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of Morgan Advanced Materials (OTCMKTS:MCRUFGet Rating) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning, 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. “

Separately, Berenberg Bank raised shares of Morgan Advanced Materials from a hold rating to a buy rating in a research report on Wednesday, January 19th.

Shares of MCRUF stock opened at $3.50 on Tuesday. Morgan Advanced Materials has a 1-year low of $3.50 and a 1-year high of $5.48. The stock has a 50-day moving average of $4.05 and a 200-day moving average of $4.47.

Morgan Advanced Materials Company Profile (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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