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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.16 million shares were traded. NE stock price reached its highest trading level at $21.45 during the session, while it also had its lowest trading level at $20.8.
Ratios:
Our analysis of NE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $41 from $64 previously.
On December 06, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $37.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’25 when Howard Jennie sold 808 shares for $24.16 per share. The transaction valued at 19,521 led to the insider holds 8,580 shares of the business.
Hirshberg Al J. bought 5,000 shares of NE for $115,000 on Mar 11 ’25. The Director now owns 5,000 shares after completing the transaction at $23.00 per share. On Mar 11 ’25, another insider, Hirshberg Al J., who serves as the Director of the company, bought 5,000 shares for $23.00 each. As a result, the insider paid 115,000 and bolstered with 29,130 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NE now has a Market Capitalization of 3334232832 and an Enterprise Value of 5190717440. As of this moment, Noble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.03, and their Forward P/E ratio for the next fiscal year is 9.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 1.778 whereas that against EBITDA is 4.876.
Stock Price History:
The Beta on a monthly basis for NE is 1.08, which has changed by -0.52681386 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, NE has reached a high of $48.74, while it has fallen to a 52-week low of $17.40. The 50-Day Moving Average of the stock is -9.55%, while the 200-Day Moving Average is calculated to be -35.33%.
Shares Statistics:
NE traded an average of 2.66M shares per day over the past three months and 2152120 shares per day over the past ten days. A total of 158.95M shares are outstanding, with a floating share count of 124.75M. Insiders hold about 21.43% of the company’s shares, while institutions hold 76.14% stake in the company. Shares short for NE as of 1744675200 were 13945600 with a Short Ratio of 5.25, compared to 1741910400 on 9860121. Therefore, it implies a Short% of Shares Outstanding of 13945600 and a Short% of Float of 11.020000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.8, NE has a forward annual dividend rate of 1.90. Against a Trailing Annual Dividend Yield of 0.08571428
