Mrc Global Inc. (MRC) Files Form 4 Insider Selling : Gerard Pieter Krans Sells 15,130 Shares

Mrc Global Inc. (MRC): Gerard Pieter Krans , director of Mrc Global Inc. sold 15,130 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $15.02 per share for a total value of $227,311.61 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Gerard Pieter Krans (director) sold 39,000 shares at $14.50 per share price.On May 10, 2016, Karl Witt (SVP Operations East/Gulf Coast) purchased 1,740 shares at $14.15 per share price.Also, On Aug 14, 2015, Scott Alan Hutchinson (SVP – North America Operations) purchased 1,000 shares at $12.42 per share price.On Aug 12, 2015, Rhys J Best (director) purchased 10,000 shares at $12.38 per share price.

Shares of MRC Global Inc (MRC) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.75 points or -4.99% at $14.27 with 13,85,035 shares getting traded. Post opening the session at $14.78, the shares hit an intraday low of $14.18 and an intraday high of $14.87 and the price vacillated in this range throughout the day. The company has a market cap of $1,408 M and the number of outstanding shares has been calculated to be 9,86,50,627 shares. The 52-week high of MRC Global Inc is $16.1 and the 52-week low is $8.5.

MRC Global Inc Money Flow Index Chart

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 230000 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.

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