Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

320.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 331.00
  • 52 Week Low: 218.50
  • Currency: UK Pounds
  • Shares Issued: 285.37m
  • Volume: 38,620
  • Market Cap: £914.61m

Morgan Advanced Materials sells Allentown facility assets

By Michele Maatouk

Date: Tuesday 01 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Morgan Advanced Materials said on Tuesday that it has sold the assets of its facility in Allentown, Pennsylvania in the US for its Diamonex business to BEST Engineered Surface Technologies for an undisclosed sum.
The Diamonex business manufactures, among other products, chemical mechanical planarisation pad conditioners sold into the semi-conductor market, scratch and wear resistant windows and other coating products and services, including diamond like carbon coatings.

The Allentown site had revenues of £6.8m in 2019.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MGAM Market Data

Currency UK Pounds
Share Price 320.50p
Change Today -1.00p
% Change -0.31 %
52 Week High 331.00
52 Week Low 218.50
Volume 38,620
Shares Issued 285.37m
Market Cap £914.61m

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.71% above the market average66.71% above the market average66.71% above the market average66.71% above the market average66.71% above the market average
94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average
Price Trend
61.51% above the market average61.51% above the market average61.51% above the market average61.51% above the market average61.51% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income
49.69% above the market average49.69% above the market average49.69% above the market average49.69% above the market average49.69% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Growth
82.98% below the market average82.98% below the market average82.98% below the market average82.98% below the market average82.98% below the market average
94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGAM Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 26-Oct-23
Paid 17-May-24 17-Nov-23
Amount 6.70p 5.30p

Trades for 29-May-2024

Time Volume / Share Price
09:52 10,000 @ 320.48p
09:49 190 @ 320.50p
09:49 128 @ 320.50p
09:40 9,000 @ 319.18p
09:33 1 @ 319.00p

MGAM Key Personnel

CEO Pete Raby
CFO Richard Armitage

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