MRC Global Inc’s recently made public that its Former Officer WOOD ROBERT L acquired Company’s shares for reported $0.44 million on Jan 15 ’25. In the deal valued at $13.76 per share,31,795 shares were bought.
Then, ANTHONY LEONARD M sold 40,000 shares, generating $498,800 in total proceeds. Upon selling the shares at $12.47, the Director now owns 61,120 shares.
Before that, WOOD ROBERT L bought 40,000 shares. MRC Global Inc shares valued at $559,917 were divested by the Former BOD and Officer at a price of $14.00 per share.
Loop Capital initiated its MRC Global Inc [MRC] rating to a Buy in a research note published on October 03, 2023; the price target was $14. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. JP Morgan also remained covering MRC and has decreased its forecast on February 19, 2021 with a “Neutral” recommendation from previously “an Overweight” rating.
Price Performance Review of MRC
On Tuesday, MRC Global Inc [NYSE:MRC] saw its stock jump 0.70% to $14.48. Over the last five days, the stock has lost -2.16%. MRC Global Inc shares have risen nearly 13.30% since the year began. Nevertheless, the stocks have risen 34.95% over the past one year. While a 52-week high of $15.41 was reached on 01/27/25, a 52-week low of $10.24 was recorded on 01/02/25. SMA at 50 days reached $13.74, while 200 days put it at $13.02.
Levels Of Support And Resistance For MRC Stock
The 24-hour chart illustrates a support level at 14.33, which if violated will result in even more drops to 14.18. On the upside, there is a resistance level at 14.59. A further resistance level may holdings at 14.69. The Relative Strength Index (RSI) on the 14-day chart is 55.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.10%. Stochastics %K at 56.67% indicates the stock is a holding.
How much short interest is there in MRC Global Inc?
A steep rise in short interest was recorded in MRC Global Inc stocks on 2025-01-15, growing by 0.18 million shares to a total of 1.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.03 million shares. There was a rise of 14.74%, which implies that there is a positive sentiment for the stock.
