The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -28.95% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -26.28%. Over the past 30 days, the price of NE has leaped by -6.48%. And in the last five days, it has surged by 8.29%.
Noble Corp Plc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $52.15 on 04/08/24, while the lowest price for the same period was registered at $31.00 on 11/01/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
52-week price history of NE Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Noble Corp Plc’s current trading price is -34.39% away from its 52-week high, while its distance from the 52-week low is 10.39%. The stock’s price range during this time has been between $31.00 and $52.15. The trading volume for the Energy sector company’s shares reached about 2.09 million for the day, which was lower than the average daily volume of 2.26 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Noble Corp Plc (NE) has experienced a quarterly decline of -15.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.49B and boasts a workforce of 5300 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 38.92, with a change in price of -8.85. Similarly, Noble Corp Plc recorded 1,943,036 in trading volume during the last 100 days, posting a change of -20.58%.
NE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NE stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.42.
NE Stock Stochastic Average
Today’s raw stochastic average for Noble Corp Plc over the last 50 days is 42.89%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 61.28%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 27.66% and 14.35%, respectively.
