Morgan Advanced Materials (OTCMKTS:MCRUF) Reaches New 12-Month High – Still a Buy?

Morgan Advanced Materials (OTCMKTS:MCRUF) shares hit a new 52-week high during trading on Monday . The company traded as high as $3.42 and last traded at $3.42, with a volume of 1005 shares. The stock had previously closed at $2.98.

Morgan Advanced Materials Stock Performance

The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average price of $2.87 and a two-hundred day moving average price of $2.97.

Morgan Advanced Materials Company Profile

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.