Mrc Global Stock Price on July 23, 2024

MRC Stock  USD 12.29  0.14  1.13%   
Below is the normalized historical share price chart for MRC Global extending back to April 12, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MRC Global stands at 12.29, as last reported on the 21st of March, with the highest price reaching 12.54 and the lowest price hitting 12.16 during the day.
IPO Date
12th of April 2012
200 Day MA
12.9778
50 Day MA
13.0532
Beta
1.967
 
Yuan Drop
 
Covid
If you're considering investing in MRC Stock, it is important to understand the factors that can impact its price. MRC Global retains Efficiency (Sharpe Ratio) of -0.0249, which conveys that the firm had a -0.0249 % return per unit of risk over the last 3 months. MRC Global exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRC Global's Market Risk Adjusted Performance of (0.07), coefficient of variation of (2,350), and Mean Deviation of 1.92 to check out the risk estimate we provide.
  
At present, MRC Global's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 78.2 M. . At present, MRC Global's Price To Operating Cash Flows Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 4.60, whereas Price Earnings Ratio is forecasted to decline to 7.17. MRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0249

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Estimated Market Risk

 2.49
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average MRC Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MRC Global by adding MRC Global to a well-diversified portfolio.
Price Book
2.0737
Enterprise Value Ebitda
9.2282
Price Sales
0.3514
Shares Float
83.7 M
Wall Street Target Price
16.25

MRC Global Valuation on July 23, 2024

It is possible to determine the worth of MRC Global on a given historical date. On July 23, 2024 MRC was worth 14.37 at the beginning of the trading date compared to the closed value of 14.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MRC Global stock. Still, in general, we apply an absolute valuation method to find MRC Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MRC Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MRC Global's related companies.
 Open High Low Close Volume
  14.26    14.46    14.12    14.42    471,562  
07/23/2024
  14.37    14.78    14.34    14.74    850,973  
  14.69    14.86    14.19    14.22    368,701  
Backtest MRC Global  |  MRC Global History  |  MRC Global Valuation   PreviousNext  
Open Value
14.37
14.74
Closing Value
21.84
Upside

MRC Global Trading Date Momentum on July 23, 2024

On July 24 2024 MRC Global was traded for  14.22  at the closing time. Highest MRC Global's price during the trading hours was 14.86  and the lowest price during the day was  14.19 . The net volume was 368.7 K. The overall trading history on the 24th of July contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.53% . The trading delta at closing time to current price is 9.91% .

MRC Global Fundamentals Correlations and Trends

By evaluating MRC Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MRC Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MRC Global Stock history

MRC Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MRC Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MRC Global stock prices may prove useful in developing a viable investing in MRC Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding86.6 M78.2 M
Net Income Applicable To Common Shares45.9 M48.2 M

MRC Global Quarterly Net Working Capital

413 Million

MRC Global Stock Technical Analysis

MRC Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MRC Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MRC Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MRC Global Period Price Range

Low
March 21, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

MRC Global cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

MRC Global March 21, 2025 Market Strength

Market strength indicators help investors to evaluate how MRC Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MRC Global shares will generate the highest return on investment. By undertsting and applying MRC Global stock market strength indicators, traders can identify MRC Global entry and exit signals to maximize returns

MRC Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MRC Global's price direction in advance. Along with the technical and fundamental analysis of MRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MRC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for MRC Stock analysis

When running MRC Global's price analysis, check to measure MRC Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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