Yesterday, the SVP Canada, Intl. & Operational Excellence of MRC Global (MRC), Bates Grant, sold shares of MRC for $572.8K.
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Based on MRC Global’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.01 billion and quarterly net profit of $10 million. In comparison, last year the company earned revenue of $903 million and had a net profit of $35 million. MRC’s market cap is $1.61B and the company has a P/E ratio of 33.85. Currently, MRC Global has an average volume of 1.09M.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.50, reflecting a 11.2% upside.
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MRC Global, Inc. is a holding company which is engaged in the distribution of pipes, valves, fittings, and related products and services to the energy industry. The company operates through the following geographical segments: U.S., Canadian, and International Operations.
