Noble Corp Plc (NE) concluded trading on Thursday at a closing price of $35.54, with 3.42 million shares of worth about $121.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.14% during that period and on September 26, 2024 the price saw a loss of about -2.26%. Currently the company’s common shares owned by public are about 140.77M shares, out of which, 129.83M shares are available for trading.
Stock saw a price change of -1.74% in past 5 days and over the past one month there was a price change of -6.28%. Year-to-date (YTD), NE shares are showing a performance of -26.20% which decreased to -30.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.47 but also hit the highest price of $52.15 during that period. The average intraday trading volume for Noble Corp Plc shares is 1.95 million. The stock is currently trading -0.73% below its 20-day simple moving average (SMA20), while that difference is down -10.09% for SMA50 and it goes to -19.36% lower than SMA200.
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Noble Corp Plc (NYSE: NE) currently have 140.77M outstanding shares and institutions hold larger chunk of about 63.33% of that.
The stock has a current market capitalization of $5.95B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 8.66, while it has posted earnings per share of $4.10 in the same period. Its PEG reads 0.22 and has Quick Ratio of 1.55 while making debt-to-equity ratio of 0.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NE, volatility over the week remained 2.18% while standing at 3.25% over the month.
Stock’s fiscal year EPS is expected to rise by 0.23% while it is estimated to increase by 40.66% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on December 01, 2023 offering a Neutral rating for the stock and assigned a target price of $52 to it. Coverage by CapitalOne stated Noble Corp Plc (NE) stock as an Overweight in their note to investors on November 28, 2023, suggesting a price target of $62 for the stock. On July 05, 2023, Citigroup Initiated their recommendations, while on January 19, 2023, The Benchmark Company Initiated their ratings for the stock with a price target of $50. Stock get a Buy rating from BTIG Research on June 01, 2022.
