Company Shares of MRC Global (NYSE:MRC) Drops by -2.44%

MRC Global (NYSE:MRC) : During the past 4 weeks, traders have been relatively bearish on MRC Global (NYSE:MRC), hence the stock is down -3.31% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.67% relative to the S&P 500. The 4-week change in the price of the stock is -1.75% and the stock has fallen -2.44% in the past 1 week.

The company shares have dropped -8.90% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $15.80 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $14.05 and the 200 Day Moving Average price is recorded at $12.77.

The stock has recorded a 20-day Moving Average of 0.47% and the 50-Day Moving Average is 0.29%.


MRC Global (NYSE:MRC): stock turned positive on Friday. Though the stock opened at $13.79, the bulls momentum made the stock top out at $14.17 level for the day. The stock recorded a low of $13.73 and closed the trading day at $14.02, in the green by 3.01%. The total traded volume for the day was 636,902. The stock had closed at $13.61 in the previous days trading.

In an insider trading activity,The director of Mrc Global Inc., Krans Gerard Pieter sold 15,130 shares at $15.02 on June 9, 2016. The Insider selling transaction had a total value worth of $227,253. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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