NYSE:MRCTrade Distributors
MRC Global (NYSE:MRC): Assessing Valuation as Shares Gain Momentum
MRC Global (MRC) has caught the eye of investors recently, with its stock quietly advancing over the past month. There was no major news event to spark this move, but the uptick alone is enough to make some wonder if something is brewing beneath the surface or if the market is simply re-evaluating MRC Global’s valuation.
It’s not just this most recent month, either. The company’s shares have gained momentum over the course of the year, outperforming their pace in previous years and logging a...