Morgan Advanced Materials (OTCMKTS:MCRUF – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 252 shares, a decline of 85.5% from the July 30th total of 1,743 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 421 shares, the short-interest ratio is currently 0.6 days.
Morgan Advanced Materials Price Performance
MCRUF stock remained flat at $3.47 during midday trading on Wednesday. Morgan Advanced Materials has a 12 month low of $2.58 and a 12 month high of $3.47. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.80 and a current ratio of 1.23. The business’s fifty day moving average is $2.99 and its 200 day moving average is $3.00.
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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