Morgan Advanced Materials (OTCMKTS:MCRUF) Reaches New 12-Month High - What's Next?

Morgan Advanced Materials (OTCMKTS:MCRUF - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $3.23 and last traded at $3.23, with a volume of 181 shares trading hands. The stock had previously closed at $2.95.Wall Street Analysts Forecast GrowthSeparately, Royal Bank Of Canada lowered shares of Morgan Advanced Materials from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, November 25th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold".Get Our Latest Analysis on MCRUFMorgan Advanced Materials Price PerformanceThe business has a 50 day moving average of $2.80 and a 200 day moving average of $2.84. Morgan Advanced Materials Company Profile (Get Free Report)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.Recommended StoriesFive stocks we like better than Morgan Advanced MaterialsBuy this Gold Stock Before May 2026Your Signature Is Missing – Act Before It’s Too LateDo not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthBuy This Stock at 9:30 AM on MONDAY!This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Morgan Advanced Materials Right Now?Before you consider Morgan Advanced Materials, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Advanced Materials wasn't on the list.While Morgan Advanced Materials currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here