MRC Global Inc (MRC): Today's Featured Industrial Laggard

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 lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.9%. By the end of trading, MRC Global fell $0.46 (-1.7%) to $26.11 on average volume. Throughout the day, 872,531 shares of MRC Global exchanged hands as compared to its average daily volume of 1,159,500 shares. The stock ranged in price between $26.09-$26.74 after having opened the day at $26.56 as compared to the previous trading day's close of $26.57. Other companies within the Industrial industry that declined today were: Ecotality ( ECTY), down 14.9%, Gulf Island Fabrication ( GIFI), down 5.4%, Exide Technologies ( XIDE), down 4.2% and Eastern ( EML), down 4.2%.

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 $2.7 billion and is part of the industrial goods sector. Shares are down 4.4% year to date as of the close of trading on Tuesday. 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 solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, China Valves Technology ( CVVT), up 12.7%, Euro Tech Holdings Company ( CLWT), up 11.6%, Ballard Power Systems ( BLDP), up 9.5% and China BAK Battery ( CBAK), up 6.2% , were all gainers within the industrial industry with Caterpillar ( CAT) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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