Today, the SVP -SCM Valve of MRC Global (MRC), Bowhay John, sold shares of MRC for $257K.
In addition to Bowhay John, one other MRC executive reported Sell trades in the last month.
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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 $1.43B and the company has a P/E ratio of 30.65. Currently, MRC Global has an average volume of 725.3K.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.83, reflecting a 24.6% upside.
The insider sentiment on MRC Global has been negative according to 69 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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MRC Global, Inc. is a holding company, which engages in the distribution of pipes, valves, fittings, and other infrastructure products and services to the energy industry. Its products include Carbon Steel Pipe, Carbon Steel Fittings & Flanges, Valves, Valve Automation, Stainless & Alloy Pipe, Mill Supplies & Safety and ValveWatch.
