Morgan Advanced Materials (OTCMKTS:MCRUF – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,665 shares, a decrease of 84.4% from the April 30th total of 10,665 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Morgan Advanced Materials Price Performance
OTCMKTS:MCRUF remained flat at $2.95 during trading hours on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The business has a fifty day moving average price of $2.96 and a 200-day moving average price of $2.92. Morgan Advanced Materials has a fifty-two week low of $2.58 and a fifty-two week high of $3.27.
About Morgan Advanced Materials
Morgan Advanced Materials is a global engineering group specializing in the design, development and manufacture of advanced ceramic, carbon and composite materials. Founded in 1856 and headquartered in Windsor, England, the company serves a broad range of end markets by providing high-performance materials and components that enable critical applications in industries such as energy, electronics, aerospace, transportation and medical equipment.
The company’s portfolio includes engineered ceramics for thermal management and insulation, carbon materials for electrical and mechanical applications, and composite assemblies for wear-resistant and refractory uses.
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