Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Noble Corp Plc’s current trading price is -56.94% away from its 52-week high, while its distance from the 52-week low is 1.86%. The stock’s price range over this period has fluctuated between $22.05 and $52.15. The company, operating within the financial sector, had a trading volume of approximately 2.71 million for the day, which was noticeably higher than the average daily share volume of 2.08 million over the last 3 months.
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 $22.05 on 03/06/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Noble Corp Plc (NE) has experienced a quarterly decline of -30.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.58B and boasts a workforce of 6400 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.14, with a change in price of -10.40. Similarly, Noble Corp Plc recorded 2,071,405 in trading volume during the last 100 days, posting a change of -31.65%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NE stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.44.
NE Stock Stochastic Average
Today’s raw stochastic average for Noble Corp Plc over the last 50 days is 3.15%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 4.77%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.77% and 12.26%, respectively.
NE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -28.47%.However, over the last six months, we can see a stronger performance of -34.31%. Over the last 30 days, the price of NE has leaped by -29.19%. And in the last five days, it has fallen by -2.35%.
