MRC Global Inc. (NYSE:MRC) PEG Ratio At -1.58


Market experts has given a mean price target of $16.56 to MRC Global Inc. (NYSE:MRC) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $-0.15 for the near-term quarter and $-0.59 for this year.

Technical View

The technical assessment of MRC Global Inc. Common Stock pinpoints that the 50-day moving average of MRC Global Inc. (NYSE:MRC) stock is $14.60, and is trading $-0.24 points away or -1.63% from 50-day moving average of $14.60. It is trading $0.34 or +2.46% off 200-day MA of $14.02.

The 52-week high of MRC Global Inc. (NYSE:MRC) was $15.59 while $8.50 is the low point in the same period. MRC Global Inc. Common Stock share price has to rise more than $-1.23 to register a high for 52-weeks or drop +68.94% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

MRC Global Inc. (NYSE:MRC) P/E ratio is N/A while PEG ratio is at -1.58. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

MRC Global Inc. Common Stock stock recorded a close of $14.36 in last trading session, which brings it market cap to $1.38B.

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