Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.MRC Global ( MRC) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.2%. By the end of trading, MRC Global rose $0.27 (1.1%) to $25.91 on light volume. Throughout the day, 522,380 shares of MRC Global exchanged hands as compared to its average daily volume of 1,298,600 shares. The stock ranged in a price between $25.46-$25.95 after having opened the day at $25.60 as compared to the previous trading day's close of $25.64. Other companies within the Industrial industry that increased today were: China Recycling Energy Corporation ( CREG), up 18.7%, Energy Recovery ( ERII), up 11.1%, Allied Motion Technologies ( AMOT), up 8.8% and Zoltek Companies ( ZOLT), up 6.8%.
MRC Global Inc. distributes pipes, valves, and fittings (PVF), and related products and services to the energy industry worldwide. MRC Global has a market cap of $2.6 billion and is part of the industrial goods sector. Shares are down 7.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate MRC Global a buy, 1 analyst rates it a sell, and 2 rate it a hold. TheStreet Ratings rates MRC Global as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.