MRC Global Inc. (MRC) Plunges 7.47% on October 26

Equities Staff  |

MRC Global Inc. (MRC) had a rough trading day for Monday October 26 as shares tumbled 7.47%, or a loss of $-0.36 per share, to close at $4.46. After opening the day at $4.70, shares of MRC Global Inc. traded as high as $4.76 and as low as $4.44. Volume was 355,639 shares over 3,141 trades, against an average daily volume of n/a shares and a total float of 82.07 million.

As a result of the decline, MRC Global Inc. now has a market cap of $366.02 million. In the last year, shares of MRC Global Inc. have traded between a range of $15.48 and $3.31, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of MRC Global Inc., check out Equities.com’s Stock Valuation Analysis report for MRC.

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MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.

MRC Global Inc. is based out of Houston, TX and has some 2,850 employees. Its CEO is Andrew R. Lane.

MRC Global Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on MRC Global Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MRC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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