MRC Global (MRC) is Trading Lower on Unusual Volume for January 21

Equities Staff |

MRC Global (MRC) experienced unusually high volume on Jan. 21, as the stock lost 0.95% to a closing price of $9.43. The stock saw 2.72 million shares trade hands over the course of the day on 15,186 trades. Given that the stock’s average daily volume over the last month has been 1.7 million shares a day, this represents a pretty substantial spike over the norm.

MRC Global has a P/B ratio of 0.7. It also has a P/E ratio of 11.5. The stock has traded between $17.62 and $9.03 over the last 52-weeks, its 50-day SMA is now $13.11, and its 200-day SMA $13.63.

MRC Global Inc along with its subsidiaries is an industrial distributor of pipe, valves and fittings and related products and services to the upstream, midstream and downstream energy industries.

Headquartered in Houston, TX, MRC Global has 4,900 employees and is currently under the leadership of CEO Andrew R. Lane.

For a complete fundamental analysis analysis of MRC Global, check out’s Stock Valuation Analysis report for MRC. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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