Zacks Investment Research cut shares of Morgan Advanced Ma (NASDAQ:MCRUF) from a buy rating to a hold rating in a research report released 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 (NASDAQ:MCRUF) remained flat at $4.00 during mid-day trading on Friday. The stock had a trading volume of 700 shares. Morgan Advanced Ma has a 52 week low of $4.00 and a 52 week high of $4.00. The company has a 50 day moving average of $4.00 and a 200-day moving average of $4.00. The firm has a market cap of $1.14 billion and a P/E ratio of 8.87.

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