Morgan Advanced Ma (NASDAQ:MCRUF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Saturday.

According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “

Morgan Advanced Ma (MCRUF) opened at 4.00 on Friday. The stock’s 50 day moving average price is $4.00 and its 200-day moving average price is $4.00. Morgan Advanced Ma has a 12-month low of $3.42 and a 12-month high of $4.27. The firm has a market cap of $1.14 billion and a PE ratio of 8.87.

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