On Tuesday, MRC Global Inc (NYSE: MRC) opened lower -0.67% from the last session, before settling in for the closing price of $13.40. Price fluctuations for MRC have ranged from $9.77 to $14.91 over the past 52 weeks.
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Annual sales at Energy sector company slipped by -2.12% over the past five years. Company’s average yearly earnings per share was noted -26.11% at the time writing. With a float of $82.89 million, this company’s outstanding shares have now reached $84.32 million.
Let’s look at the performance matrix of the company that is accounted for 2800 employees. In terms of profitability, gross margin is 20.26%, operating margin of 4.68%, and the pretax margin is 3.87%.
MRC Global Inc (MRC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of MRC Global Inc is 2.77%, while institutional ownership is 95.43%. The most recent insider transaction that took place on Nov 15 ’24, was worth 201,479. Before that another transaction happened on Aug 23 ’24, when Company’s insider sold 16,975 for $12.93, making the entire transaction worth $219,487. This insider now owns 198,178 shares in total.
MRC Global Inc (MRC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -26.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 14.08% growth over the previous five years of trading.
MRC Global Inc (NYSE: MRC) Trading Performance Indicators
Check out the current performance indicators for MRC Global Inc (MRC). In the past quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35. Likewise, its price to free cash flow for the trailing twelve months is 4.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.05 in one year’s time.
Technical Analysis of MRC Global Inc (MRC)
MRC Global Inc (NYSE: MRC) saw its 5-day average volume 0.78 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 23.67%. Additionally, its Average True Range was 0.43.
During the past 100 days, MRC Global Inc’s (MRC) raw stochastic average was set at 56.40%, which indicates a significant increase from 47.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.03% in the past 14 days, which was higher than the 38.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.70, while its 200-day Moving Average is $12.59. Nevertheless, the first resistance level for the watch stands at $13.40 in the near term. At $13.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.62. If the price goes on to break the first support level at $13.17, it is likely to go to the next support level at $13.03. The third support level lies at $12.94 if the price breaches the second support level.
MRC Global Inc (NYSE: MRC) Key Stats
There are currently 85,243K shares outstanding in the company with a market cap of 1.13 billion. Presently, the company’s annual sales total 3,412 M according to its annual income of 114,000 K. Last quarter, the company’s sales amounted to 797,000 K and its income totaled 29,000 K.
