Morgan Advanced Materials (OTCMKTS:MCRUF – Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 152 shares, a drop of 39.7% from the August 31st total of 252 shares. Based on an average trading volume of 13,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
Morgan Advanced Materials Stock Performance
Shares of OTCMKTS:MCRUF opened at $3.40 on Wednesday. The business has a fifty day moving average price of $3.24 and a two-hundred day moving average price of $3.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.80 and a current ratio of 1.23. Morgan Advanced Materials has a 1 year low of $2.58 and a 1 year high of $3.47.
About Morgan Advanced Materials
Morgan Advanced Materials plc is a United Kingdom-based engineering company that develops and manufactures advanced materials and components for demanding industrial applications. Its products are designed to withstand extreme temperatures, electrical loads, wear, corrosion and other challenging operating conditions.
The company’s offerings include carbon-based materials, technical ceramics, ceramic cores, thermal-management products, electrical and electronic components, seals, bearings and other engineered solutions.
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