• Return to Headlines

Mrc Global Inc Shares Down 6.2% Since SmarTrend's Sell Call (MRC)

By James Quinn

SmarTrend identified a Downtrend for Mrc Global Inc (NYSE:MRC) on September 26th, 2019 at $12.42. In approximately 2 weeks, Mrc Global Inc has returned 6.24% as of today's recent price of $11.64.

Over the past year, Mrc Global Inc has traded in a range of $10.73 to $18.93 and is now at $11.64, 8% above that low. The 200-day and 50-day moving averages have moved 0.2% lower and 2.83% lower over the past week, respectively.

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy industry in the United States, Canada, and internationally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Mrc Global Inc.

Log in and add Mrc Global Inc (MRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mrc global inc

Ticker(s): MRC