MRC Global Inc. (MRC)

MISSISSAUGA, ON, June 6, 2018 /CNW/ - For the fifth consecutive year, Morguard Investments Limited ("Morguard") has been recognized by Healthcare of Ontario Pension Plan ("HOOPP") for the company's exemplary focus on sustainability best practices.

Investors in MRC Global Inc saw new options become available this week, for the September 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 238 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

A study of analyst recommendations at the major brokerages shows that MRC Global Inc is the #44 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

The most recent short interest data has been released for the 11/15/2017 settlement date, which shows a 661,413 share decrease in total short interest for MRC Global Inc , to 3,078,590, a decrease of 17.68% since 10/31/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

A study of analyst recommendations at the major brokerages shows that MRC Global Inc is the #43 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

The most recent short interest data has been released for the 09/29/2017 settlement date, which shows a 854,572 share decrease in total short interest for MRC Global Inc , to 4,038,877, a decrease of 17.46% since 09/15/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

The organic food company should probably sell part or all of itself in pieces, according to company followers. Potential bidders for all or part of the company could include PepsiCo, Campbell Soup, Hormel Foods, General Mills, Kraft Heinz among others.

A study of analyst recommendations at the major brokerages shows that MRC Global Inc is the #40 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

Investors in MRC Global Inc saw new options begin trading today, for the March 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

Energy and materials names dominate the bearish ledger.

The oil refiner is expected to use proceeds partly to fund shareholder distributions. The activist could still launch a contest in 2018 if a Speedway spin-off isn't completed first.

Volatility around company results can create opportunities to take positions in quality, small-cap stocks such as these.

But the cycle will soon turn, so keep an eye on these 6 stocks.