MRC Global Inc (NYSE: MRC) kicked off on Tuesday, up 3.93% from the previous trading day, before settling in for the closing price of $12.21. Over the past 52 weeks, MRC has traded in a range of $9.23-$15.41.
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Annual sales at Energy sector company slipped by -3.84% over the past five years. While this was happening, its average annual earnings per share was recorded 47.47%. With a float of $83.43 million, this company’s outstanding shares have now reached $86.10 million.
Let’s look at the performance matrix of the company that is accounted for 2600 employees. In terms of profitability, gross margin is 20.53%, operating margin of 3.94%, and the pretax margin is 2.98%.
MRC Global Inc (MRC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of MRC Global Inc is 3.06%, while institutional ownership is 97.71%. The most recent insider transaction that took place on Jan 15 ’25, was worth 437,581. Before that another transaction happened on Aug 15 ’24, when Company’s Director sold 40,000 for $12.47, making the entire transaction worth $498,800. This insider now owns 61,120 shares in total.
MRC Global Inc (MRC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 47.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.05% during the next five years compared to 10.92% growth over the previous five years of trading.
MRC Global Inc (NYSE: MRC) Trading Performance Indicators
Take a look at MRC Global Inc’s (MRC) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 4.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.17 in one year’s time.
Technical Analysis of MRC Global Inc (MRC)
MRC Global Inc (NYSE: MRC) saw its 5-day average volume 0.63 million, a negative change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 53.97%. Additionally, its Average True Range was 0.39.
During the past 100 days, MRC Global Inc’s (MRC) raw stochastic average was set at 55.96%, which indicates a significant decrease from 57.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.73% in the past 14 days, which was lower than the 46.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.68, while its 200-day Moving Average is $12.63. Nevertheless, the first resistance level for the watch stands at $12.88 in the near term. At $13.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.42. If the price goes on to break the first support level at $12.34, it is likely to go to the next support level at $12.00. Assuming the price breaks the second support level, the third support level stands at $11.80.
MRC Global Inc (NYSE: MRC) Key Stats
The company with the Market Capitalisation of 1.09 billion has total of 86,067K Shares Outstanding. Its annual sales at the moment are 3,011 M in contrast with the sum of 55,000 K annual income. Company’s last quarter sales were recorded 712,000 K and last quarter income was -22,000 K.
