Morgan Advanced Materials plc (LON:MGAM - Get Free Report)'s stock price traded up 0.4% during trading on Wednesday . The company traded as high as GBX 270.50 ($3.43) and last traded at GBX 269.02 ($3.41). 279,735 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 804,164 shares. The stock had previously closed at GBX 268 ($3.40).
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft cut their price target on Morgan Advanced Materials from GBX 335 ($4.25) to GBX 320 ($4.06) and set a "hold" rating for the company in a report on Friday, September 13th. Royal Bank of Canada cut their target price on shares of Morgan Advanced Materials from GBX 350 ($4.44) to GBX 320 ($4.06) and set an "outperform" rating for the company in a report on Thursday, November 7th.
Get Our Latest Stock Report on MGAM
Morgan Advanced Materials Trading Up 0.3 %
The stock has a market cap of £767.80 million, a P/E ratio of 1,124.25, a P/E/G ratio of 0.51 and a beta of 1.34. The company has a debt-to-equity ratio of 93.89, a quick ratio of 1.26 and a current ratio of 2.19. The stock's fifty day moving average is GBX 258.51 and its 200 day moving average is GBX 291.45.
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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