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

Shares of Morgan Advanced Ma (NASDAQ:MCRUF) remained flat at $4.00 on Friday. The company had a trading volume of 700 shares. Morgan Advanced Ma has a 52-week low of $3.42 and a 52-week high of $4.27. The firm’s 50-day moving average is $4.00 and its 200-day moving average is $4.00. The company has a market capitalization of $1.14 billion and a P/E ratio of 8.83.

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