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Shares of MRC Up 18.3% Since Uptrend Call on Shares

Jun 08, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Mrc Global Inc (NYSE:MRC) on April 10th, 2018 at $17.61. In approximately 2 months, Mrc Global Inc has returned 18.35% as of today's recent price of $20.83.

Mrc Global Inc share prices have moved between a 52-week high of $21.34 and a 52-week low of $14.01 and are now trading 49% above that low price at $20.83 per share. The 200-day and 50-day moving averages have moved 0.59% higher and 1.75% higher over the past week, respectively.

MRC Global Inc. distributes pipe, valves, and fittings. The Company serves the chemical and petrochemical, food processing, gas distribution, gas transmission, oil and gas exploration and production, pharmaceutical, pulp and paper, refining, steel manufacturing, and power generation industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mrc Global Inc shares.Log in and add Mrc Global Inc (MRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

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