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The price of Noble Corp Plc (NYSE: NE) closed at $22.58 in the last session, down -1.31% from day before closing price of $22.88. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 1.6 million shares were traded.
Ratios:
We take a closer look at NE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
As of this moment, Noble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.53, and their Forward P/E ratio for the next fiscal year is 11.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.06. 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 0.77.
Stock Price History:
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 0.53%, while the 200-Day Moving Average is calculated to be -28.59%.
Shares Statistics:
A total of 158.77M shares are outstanding, with a floating share count of 124.75M. Insiders hold about 21.43% of the company’s shares, while institutions hold 72.85% stake in the company.
