MRC Global Inc’s filing revealed 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 2.55% to $12.45. Over the last five days, the stock has lost -4.60%. MRC Global Inc shares have fallen nearly -2.58% since the year began. Nevertheless, the stocks have risen 5.96% over the past one year. While a 52-week high of $15.41 was reached on 01/27/25, a 52-week low of $11.09 was recorded on 02/25/25. SMA at 50 days reached $13.47, while 200 days put it at $13.12.
Levels Of Support And Resistance For MRC Stock
The 24-hour chart illustrates a support level at 12.19, which if violated will result in even more drops to 11.92. On the upside, there is a resistance level at 12.60. A further resistance level may holdings at 12.75. The Relative Strength Index (RSI) on the 14-day chart is 38.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.55%. Stochastics %K at 6.31% indicates the stock is a buying.
