Basic Stock Data on MRC Global Inc. (MRC)

In the past 52-week period, shares of MRC Global Inc. (NYSE:MRC) have moved within the range of $14.01 to $22.52. On the stock’s most recent trading day, the company’s shares ended the regular session at $14.55, which is 35.39% higher than its 52-week high.

MRC Global Inc. (MRC) has demonstrated a 20-day simple moving average (SMA) of -11.75%, and a 50-day SMA of -14.92%. This public company’s current market capitalization stands at $1.38 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for MRC Global Inc. (MRC) is Outperform.

When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, MRC Global Inc. (MRC) delivered a 0.85% surprise with its net revenue. Sales reached $0.96 billion during the three-month period, compared to the average analyst estimate of $0.97 billion.

Meanwhile, during the same quarter MRC Global Inc. (MRC) delivered a 72.03% earnings surprise. Net earnings for the quarter were posted at $0.02 per share, whereas Wall Street had forecast $0.07 per share.

Ownership at MRC Global Inc. (MRC), According to Most Recent SEC Filings

A public company’s latest 13F filings tell investors important details about institutional ownership. MRC Global Inc. (MRC) has 0 billion shares outstanding currently, 96.03% of which belong to institutional investors. Those institutional holdings amount to $1.3 billion.

Additionally, according to the most recent 13F filing from MRC Global Inc. (MRC), there were 21 new positions totaling 2,057,840 shares of the company’s stock. There were 28 sold out positions, on the other hand, totaling 3,382,567 shares.

Short, Medium and Long Term Indicators

Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. MRC Global Inc. (MRC) has had a 20-day average volume of 884,470 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 716,174 shares, with an average of 100% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 790,057 shares with 33% of long-term indicators pointing to Sell.