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In the latest session, MRC Global Inc (NYSE: MRC) closed at $12.41 down -2.51% from its previous closing price of $12.73. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 0.57 million shares were traded. MRC stock price reached its highest trading level at $12.85 during the session, while it also had its lowest trading level at $12.23.
Ratios:
For a deeper understanding of MRC Global Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on October 03, 2023, initiated with a Buy rating and assigned the stock a target price of $14.
On July 08, 2022, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $14.
JP Morgan Downgraded its Overweight to Neutral on February 19, 2021, while the target price for the stock was maintained at $7.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 23 ’24 when CHURAY DANIEL J sold 16,975 shares for $12.93 per share. The transaction valued at 219,487 led to the insider holds 198,178 shares of the business.
CHURAY DANIEL J bought 16,975 shares of MRC for $219,438 on Aug 23 ’24. On Aug 15 ’24, another insider, ANTHONY LEONARD M, who serves as the Director of the company, bought 40,000 shares for $12.47 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRC now has a Market Capitalization of 1057784896 and an Enterprise Value of 1723933056. As of this moment, MRC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.15, and their Forward P/E ratio for the next fiscal year is 11.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at 0.523 whereas that against EBITDA is 8.056.
Stock Price History:
Over the past 52 weeks, MRC has reached a high of $14.91, while it has fallen to a 52-week low of $9.47. The 50-Day Moving Average of the stock is -0.63%, while the 200-Day Moving Average is calculated to be 0.96%.
Shares Statistics:
For the past three months, MRC has traded an average of 533.50K shares per day and 346480 over the past ten days. A total of 84.32M shares are outstanding, with a floating share count of 82.90M. Insiders hold about 2.74% of the company’s shares, while institutions hold 94.50% stake in the company. Shares short for MRC as of 1727654400 were 1928188 with a Short Ratio of 3.61, compared to 1724976000 on 2008180. Therefore, it implies a Short% of Shares Outstanding of 1928188 and a Short% of Float of 4.4699997.
