Noble Corporations in-depth stock price analysis indicates that the stock price has rallied 31.71% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 26.25% . Looking at the past 52 week period, the stock price is down -0.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Noble Corporation has a negative value of -42.8 compared to overall market performance. Noble Corporation (NYSE:NE) has climbed 0.41% in the past week and advanced 0.41% in the last 4 weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.4%. Noble Corporation (NYSE:NE) has underperformed the index by 1.39% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Noble Corporation (NYSE:NE) : On Friday heightened volatility was witnessed in Noble Corporation (NYSE:NE) which led to swings in the share price. The stock opened for trading at $7.09 and hit $7.6 on the upside , eventually ending the session at $7.31, with a gain of 10.26% or 0.68 points. The heightened volatility saw the trading volume jump to 23,537,841 shares. The 52-week high of the share price is $13.9 and the company has a market cap of $1,778 million. The 52-week low of the share price is at $4.45 .
Noble Corporation Ordinary Shares (UK) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $-0.22. The company had revenue of $410.16 million for the quarter, compared to analysts expectations of $391.93 million. The companys revenue was down -52.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.52 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Noble Corporation Ordinary Shares (UK) was Upgraded by Morgan Stanley to Equal-Weight on Feb 2, 2017. Noble Corporation Ordinary Shares (UK) was Upgraded by Jefferies to Buy on Jan 30, 2017. Noble Corporation Ordinary Shares (UK) was Upgraded by Piper Jaffray to Neutral on Jan 25, 2017. Noble Corporation Ordinary Shares (UK) was Upgraded by BofA/Merrill to Neutral on Jan 20, 2017. Noble Corporation Ordinary Shares (UK) was Upgraded by CapitalOne to Overweight on Jan 17, 2017.
Company has reported several Insider transactions to the SEC, on Dec 27, 2016, Mary P Ricciardello (director) sold 1,663 shares at 6.16 per share price.On Mar 8, 2016, Michael A Cawley (director) sold 20,000 shares at 13.52 per share price.On Dec 29, 2015, Scott Marks (Sr. VP-Engineering) sold 21,500 shares at 12.72 per share price.
Noble Corporation PLC is an offshore drilling contractor for the oil and gas industry. The company offers services for drilling and work over activities and undertakes refurbishment projects for rigs. It provides services primarily in the U.S. Gulf of Mexico and Alaska, Mexico, Brazil, the North Sea, the Mediterranean, West Africa, the Middle East, India, Malaysia and Australia. Noble Corporation PLC, formerly known as Noble Corp., is based in London, United Kingdom.