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As of close of business last night, MRC Global Inc’s stock clocked out at $14.22, down -1.52% from its previous closing price of $14.44. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 0.7 million shares were traded. MRC stock price reached its highest trading level at $14.74 during the session, while it also had its lowest trading level at $14.2.
Ratios:
To gain a deeper understanding of MRC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.22.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 20 ’24 when Bates Grant R sold 35,000 shares for $13.57 per share. The transaction valued at 474,950 led to the insider holds 110,191 shares of the business.
Bates Grant R sold 4,698 shares of MRC for $64,644 on May 17 ’24. The insider now owns 145,191 shares after completing the transaction at $13.76 per share. On May 16 ’24, another insider, Adams Deborah G, who serves as the Director of the company, sold 12,500 shares for $13.80 each. As a result, the insider received 172,500 and left with 85,304 shares of the company.
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 1209718144 and an Enterprise Value of 1924782720. As of this moment, MRC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.54, and their Forward P/E ratio for the next fiscal year is 10.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.44. Its current Enterprise Value per Revenue stands at 0.577 whereas that against EBITDA is 9.254.
Stock Price History:
The Beta on a monthly basis for MRC is 2.02, which has changed by 0.32033432 over the last 52 weeks, in comparison to a change of 0.22226071 over the same period for the S&P500. Over the past 52 weeks, MRC has reached a high of $14.71, while it has fallen to a 52-week low of $8.15. The 50-Day Moving Average of the stock is 10.13%, while the 200-Day Moving Average is calculated to be 23.32%.
Shares Statistics:
It appears that MRC traded 648.92K shares on average per day over the past three months and 817979 shares per day over the past ten days. A total of 84.32M shares are outstanding, with a floating share count of 82.67M. Insiders hold about 2.82% of the company’s shares, while institutions hold 92.34% stake in the company. Shares short for MRC as of 1719532800 were 1216940 with a Short Ratio of 1.88, compared to 1717113600 on 1011827. Therefore, it implies a Short% of Shares Outstanding of 1216940 and a Short% of Float of 2.8299998.
