Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

326.50p
   
  • Change Today:
      3.50p
  • 52 Week High: 329.00
  • 52 Week Low: 218.50
  • Currency: UK Pounds
  • Shares Issued: 285.37m
  • Volume: 241,719
  • Market Cap: £931.73m

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 326.50p
Change Today 3.50p
% Change 1.08 %
52 Week High 329.00
52 Week Low 218.50
Volume 241,719
Shares Issued 285.37m
Market Cap £931.73m

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.43% above the market average63.43% above the market average63.43% above the market average63.43% above the market average63.43% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Price Trend
71.10% above the market average71.10% above the market average71.10% above the market average71.10% above the market average71.10% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average
Income
45.91% above the market average45.91% above the market average45.91% above the market average45.91% above the market average45.91% 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
83.02% below the market average83.02% below the market average83.02% below the market average83.02% below the market average83.02% 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 15-May-2024

Time Volume / Share Price
16:35 145,683 @ 326.50p
16:35 811 @ 326.50p
16:35 604 @ 326.50p
16:35 696 @ 326.50p
16:35 1,300 @ 326.50p

MGAM Key Personnel

CEO Pete Raby
CFO Richard Armitage

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