After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for MRC Global Inc. (MRC) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $11.24. The MRC Global Inc. has recorded 192,591 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that MRC Global Reports Full Year and Fourth Quarter 2022 Results and 2023 Outlook.
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Stocks Info
MRC Global Inc. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $11.24 and fluctuated between $11.73 as its day high and $11.04 as its day low. The current market capitalization of MRC Global Inc. is $915.61M. A total of 0.89 million shares were traded on the day, compared to an average of 612.21K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MRC has seen 12 BUY and 9 SELL insider trades, representing the acquisition of 356,273 and the disposition of 30,989 shares. Over the last 12 months, there were 20 BUYs and 19 SELLs from insiders. Insiders purchased 443,074 shares during that period but sold 84,662.
In the most recent transaction, Anderson Gillian sold 5,213 shares of MRC for 11.50 per share on Mar 02. After the transaction, the insider now owns 26,507 company shares. In a previous transaction on Aug 22, O’Neal Malcolm sold 3,125 shares at 9.61 per share. MRC shares that SVP – Human Resources owns now total 41,605.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MRC in the last 3 months, the mean price target is $16.67 with high estimates of $17.00 and low estimates of $16.00. In terms of 52-week highs and lows, MRC has a high of $13.90 and a low of $7.03.
As of this writing, MRC has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.27. The company reported an EPS of $0.27 in the last quarter, which was 8.00% higher than expectations of $0.25.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRC is Buy with a score of 4.60. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.