MRX Stock Summary and Trading Ideas (Marex Group PLC - | NASDAQ:MRX)

Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group PLC - trades on the NASDAQ stock market under the symbol MRX.

As of May 8, 2024, MRX stock price declined to $19.02 with 341,503 million shares trading.

MRX has a market cap of $1.35 billion. This is considered a Small Cap stock.

The top ETF exchange traded funds that MRX belongs to (by Net Assets): ONEQ.

MRX support price is $18.86 and resistance is $19.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRX stock will trade within this expected range on the day.