|Day Low/High||20.15 / 20.77|
|52 Wk Low/High||11.50 / 22.52|
A study of analyst recommendations at the major brokerages shows that MRC Global Inc is the #42 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 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.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BXMT, CIGI, CPA, CVRR, GNRC, KNOP, MRC, NMIH, STRA Downgrades: ANH, CAR, CYS, DLTH, EQC, MGM, MOH, SHOR Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
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.
The most recent short interest data has been released for the 05/31/2016 settlement date, which shows a 660,015 share increase in total short interest for MRC Global Inc , to 6,910,063, an increase of 10.56% since 05/13/2016. 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.
Investors in MRC Global Inc saw new options become available this week, for the May 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MRC options chain for the new May 20th contracts and identified one put and one call contract of particular interest.
Trade-Ideas LLC identified MRC Global (MRC) as a "perilous reversal" (up big yesterday but down big today) candidate