MRC Global Inc (MRC) distance from 200-day Simple Moving Average is $12.54: Right on the Precipice

As on Thursday, MRC Global Inc (NYSE: MRC) started slowly as it slid -0.37% to $13.52, before settling in for the price of $13.57 at the close. Taking a more long-term approach, MRC posted a 52-week range of $9.77-$14.91.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was -2.12%. Meanwhile, its Annual Earning per share during the time was 14.08%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -26.11%. This publicly-traded company’s shares outstanding now amounts to $84.32 million, simultaneously with a float of $82.91 million. The organization now has a market capitalization sitting at $1.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.61, while the 200-day Moving Average is $12.54.

MRC Global Inc (MRC) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. MRC Global Inc’s current insider ownership accounts for 2.74%, in contrast to 96.87% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s insider sold 16,975 shares at the rate of 12.93, making the entire transaction reach 219,487 in total value, affecting insider ownership by 198,178.

MRC Global Inc (MRC) Earnings and Revenue Records

MRC Global Inc’s EPS decrease for this current 12-month fiscal period is -26.11% and is forecasted to reach 1.05 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the 14.08% growth it accomplished over the previous five years trading on the market.

MRC Global Inc (NYSE: MRC) Trading Performance Indicators

Let’s observe the current performance indicators for MRC Global Inc (MRC). It’s Quick Ratio in the last reported quarter now stands at 1.11. The Stock has managed to achieve an average true range (ATR) of 0.46. Alongside those numbers, its PE Ratio stands at $15.54, and its Beta score is 1.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.36. Similarly, its price to free cash flow for trailing twelve months is now 4.47.

In the same vein, MRC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.87, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 1.05 at the market close of one year from today.

Technical Analysis of MRC Global Inc (MRC)

Through scrutinizing the latest numbers posted by the [MRC Global Inc, MRC], it can be observed that its last 5-days Average volume of 0.68 million was better the volume of 0.59 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 56.70% While, its Average True Range was 0.50.

Raw Stochastic average of MRC Global Inc (MRC) in the period of the previous 100 days is set at 62.13%, which indicates a major rise in contrast to 55.72% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 64.02% that was higher than 38.37% volatility it exhibited in the past 100-days period.