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Seaport Global Securities downgraded MRC Global Inc (NYSE:MRC) to Neutral in a report released today.

Seaport Global Securities has downgraded MRC Global Inc (NYSE:MRC) to Neutral in a report released on 6/21/2017.

Yesterday MRC Global Inc (NYSE:MRC) traded -1.39% lower at $16.81. The company’s 50-day moving average is $16.13 and its 200-day moving average is $17.56. The last closing price is down -3.32% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 956,771 shares of the stock traded hands, up from an average trading volume of 897,525

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MRC Global Inc (NYSE:MRC)

MRC Global Inc has a 52 week low of $13.68 and a 52 week high of $22.52 The company’s market cap is currently $0.

General Information About MRC Global Inc (NYSE:MRC)

MRC Global Inc. is an industrial distributor of pipe, valves and fittings and related products and services to the energy industry. The Company's segments include the U.S., Canada and International. Its U.S. segment includes the United States Eastern Region and Gulf Coast, and the United States Western Region. It provides services, such as product testing, manufacturer assessments, daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging and system interfaces customized to customer and supplier specifications for tracking and replenishing inventory, engineering of control packages, and valve inspection and repair. The Company's principal product types include valves, automation, measurement and instrumentation; carbon steel fittings and flanges; stainless steel and alloy fittings, flanges and pipe; gas products; line pipe, and other.

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