Richard Armitage Sells 6,251 Shares of Morgan Advanced Materials (LON:MGAM) Stock

Posted by Geri Gentry on May 12th, 2026

Morgan Advanced Materials plc (LON:MGAM – Get Free Report) insider Richard Armitage sold 6,251 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of GBX 223, for a total transaction of £13,939.73.

Richard Armitage also recently made the following trade(s):

On Monday, May 11th, Richard Armitage sold 33,105 shares of Morgan Advanced Materials stock. The stock was sold at an average price of GBX 223, for a total transaction of £73,824.15.

Morgan Advanced Materials Stock Down 3.4%

MGAM traded down GBX 7.50 during trading hours on Tuesday, hitting GBX 216. 492,612 shares of the company’s stock were exchanged, compared to its average volume of 2,525,261. The firm has a market cap of £597.06 million, a P/E ratio of 28.80, a price-to-earnings-growth ratio of 0.51 and a beta of 1.21. The company has a current ratio of 1.23, a quick ratio of 1.26 and a debt-to-equity ratio of 113.93. Morgan Advanced Materials plc has a 12-month low of GBX 167 and a 12-month high of GBX 251.50. The firm has a 50 day moving average of GBX 210.73 and a 200 day moving average of GBX 215.44.

Morgan Advanced Materials (LON:MGAM – Get Free Report) last released its earnings results on Tuesday, March 3rd. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Morgan Advanced Materials had a return on equity of 6.66% and a net margin of 2.12%. Analysts predict that Morgan Advanced Materials plc will post 32.5 EPS for the current fiscal year.

Analysts Set New Price Targets

MGAM has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 230 target price on shares of Morgan Advanced Materials in a report on Thursday, May 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 265 price target on shares of Morgan Advanced Materials in a report on Wednesday, March 4th. Citigroup boosted their price target on shares of Morgan Advanced Materials from GBX 230 to GBX 235 and gave the stock a “buy” rating in a report on Thursday, March 12th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 210 price target on shares of Morgan Advanced Materials in a report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 235.

Check Out Our Latest Analysis on Morgan Advanced Materials

Morgan Advanced Materials Company Profile

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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. Morgan Advanced Materials plc was founded in 1856 and is headquartered in Windsor, the United Kingdom.