Morgan Advanced Materials plc traded at 244.00 this Friday October 23rd, decreasing 5.50 or 2.20 percent since the previous trading session. Looking back, over the last four weeks, Morgan Advanced Materials lost 4.69 percent. Over the last 12 months, its price rose by 17.31 percent. Looking ahead, we forecast Morgan Advanced Materials plc to be priced at 239.24 by the end of this quarter and at 225.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Morgan Advanced Materials plc is a manufacturer of advanced carbon and ceramic materials. Its Thermal Products segment comprises of its thermal ceramics and molten metal systems businesses. Its products and systems are used in high temperature industrial processing of metals, petrochemicals, cement, ceramics and glass, and by manufacturers of equipment for aerospace, automotive, marine and domestic applications. Its Performance Carbon segment specializes in carbon, graphite and carbide products. Its product range includes carbon brushes, brush holders, terminal blocks, diagnostic and motor maintenance equipment, AEGIS SGR bearing protection for motors and generators, and others. Its Technical Ceramics segment employs advanced materials science and applications expertise to produce parts that enhance reliability or improve the performance of its customers'' products. The Company''s product range includes ceramic cores, wax injection products, ceramic injection molded products and others.