Morgan Advanced Materials plc (OTCMKTS:MCRUF – Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 79,700 shares, an increase of 4,588.2% from the February 13th total of 1,700 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 41.9 days. Approximately 0.0% of the company’s shares are sold short.
Morgan Advanced Materials Price Performance
Morgan Advanced Materials stock opened at $2.70 on Thursday. The company’s fifty day simple moving average is $3.07 and its 200-day simple moving average is $3.45. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.41 and a current ratio of 2.19. Morgan Advanced Materials has a 12 month low of $2.70 and a 12 month high of $4.15.
About Morgan Advanced Materials
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