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According to CNBC World, Morgan Advanced Materials plc (LON:MGAM) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 340.50 ($4.42) and last traded at GBX 330.08 ($4.28), with a volume of 3427 shares. The stock had previously closed at GBX 333.50 ($4.32).
Insider Transactions at Morgan Advanced Materials
In related news, insider Pete Raby bought 3,062 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The shares were bought at an average price of GBX 330 ($4.28) per share, with a total value of £10,104.60 ($13,104.14). 1.43% of the stock is currently owned by insiders.
About Morgan Advanced Materials
CNBC World described as Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013.