logo

Analyzing the Impact of Earnings Reports on MRC Global Inc Inc. (MRC) Price Performance

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 4.69% this year. Over the last six months, there has been a weaker performance of 1.52%. The price of MRC fallen by 2.53% during the last 30 days period. For the last 5-days stocks have slided -11.62%.

MRC Global Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $15.41 on 01/27/25 and a low of $10.29 for the same time frame on 02/07/24.

52-week price history of MRC Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. MRC Global Inc’s current trading price is -13.17% away from its 52-week high, while its distance from the 52-week low is 30.03%. The stock’s price range during this time has been between $10.29 and $15.41. The trading volume for the Energy sector company’s shares reached about 1.24 million for the day, which was higher than the average daily volume of 0.59 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

MRC Global Inc (MRC) has experienced a quarterly rise of 9.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.14B and boasts a workforce of 2800 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 13.27, with a change in price of +1.69. Similarly, MRC Global Inc recorded 551,033 in trading volume during the last 100 days, posting a change of +14.46%.

MRC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MRC stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.28.

MRC Stock Stochastic Average

Today’s raw stochastic average for MRC Global Inc over the last 50 days is 38.09%.This indicates a increase from the raw stochastic average of the past 20 days, which was 21.75%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 50.53% and 60.09%, respectively.

Most Popular