MRC Global Authorizes 125M Worth of Share Buyback Program
| MRC Stock | USD 15.07 0.40 2.73% |
About 55% of MRC Global's shareholders are presently thinking to get in. The analysis of overall sentiment of trading MRC Global stock suggests that some investors are interested at this time. The current market sentiment, together with MRC Global's historical and current headlines, can help investors time the market. In addition, many technical investors use MRC Global stock news signals to limit their universe of possible portfolio assets.
MRC |
MRC rewards shareholders with a share buyback program worth 125 million.
Read at finance.yahoo.com
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MRC Global Fundamental Analysis
We analyze MRC Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MRC Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MRC Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
MRC Global is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MRC Global Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MRC Global stock to make a market-neutral strategy. Peer analysis of MRC Global could also be used in its relative valuation, which is a method of valuing MRC Global by comparing valuation metrics with similar companies.
Peers
MRC Global Related Equities
| GEOS | Geospace Technologies | 1.90 | ||||
| NGS | Natural Gas | 0.24 | ||||
| NOA | North American | 0.24 | ||||
| RNGR | Ranger Energy | 0.73 | ||||
| WHD | Cactus | 1.38 | ||||
| EFXT | Enerflex | 1.44 | ||||
| OIS | Oil States | 2.14 | ||||
| XPRO | Expro Group | 3.57 | ||||
| NOV | NOV | 3.80 | ||||
| CHX | ChampionX | 5.05 |
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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