MRC Global (NYSE:MRC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.8 by 10 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold.
MRC Global (NYSE:MRC): 6 analysts have set the short term price target of MRC Global (NYSE:MRC) at $15.33. The standard deviation of short term price target has been estimated at $1.86, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 18 and $13 respectively.
MRC Global (NYSE:MRC) rose 0.47% or 0.07 points on Tuesday and made its way into the gainers of the day. After trading began at $14.7 the stock was seen hitting $14.895 as a peak level and $14.53 as the lowest level. The stock ended up at $14.83. The daily volume was measured at 855,877 shares. The 52-week high of the share price is $16.1 and the 52-week low is $8.5. The company has a market cap of $1,463 million.
Shares of MRC Global Inc. rose by 7.46% in the last five trading days and 10.1% for the last 4 weeks. MRC Global Inc. is up 11.17% in the last 3-month period. Year-to-Date the stock performance stands at 14.96%.
MRC Global Inc. is a global industrial distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry. The Company offers products that are used in the construction, maintenance, repair and overhaul of equipment used in extreme operating conditions, such as high pressure, high/low temperature and high corrosive and abrasive environments. Its product types include valves, automation and instrumentation, carbon steel fittings and flanges and stainless steel and alloy pipe and fittings, line pipe and oil country tubular goods, among others. The Company offers around 230,000 stock keeping units, including an array of PVF, oilfield supply, automation, instrumentation and other general and specialty industry supply products. The Company operates through its U.S., Canadian, and International segments. It has operations in over 400 service locations. It provides services, such as product testing, volume purchasing and warehousing, among others.