Noble Corporation plc (NE): Ownership and Basic Trading Data

In the past 52-week period, shares of Noble Corporation plc (NYSE:NE) have moved within the range of $3.14 to $7.80. On the stock’s most recent trading day, the company’s shares ended the regular session at $4.09, which is 47.56% higher than its 52-week high.

Noble Corporation plc (NE) has demonstrated a 20-day simple moving average (SMA) of -1.79%, and a 50-day SMA of -1.22%. This public company’s current market capitalization stands at $1.01 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for Noble Corporation plc (NE) is Hold.

When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Noble Corporation plc (NE) delivered a 0.94% surprise with its net revenue. Sales reached $0.27 billion during the three-month period, compared to the average analyst estimate of $0.27 billion.

Meanwhile, during the same quarter Noble Corporation plc (NE) delivered a -0.69% earnings surprise. Net earnings for the quarter were posted at -$0.36 per share, whereas Wall Street had forecast -$0.36 per share.

Ownership at Noble Corporation plc (NE), According to Most Recent SEC Filings

A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. Noble Corporation plc (NE) has 0 billion shares outstanding currently, 88.57% of which belong to institutional investors. Those institutional holdings amount to $0.92 billion.

Additionally, according to the most recent 13F filing from Noble Corporation plc (NE), there were 35 new positions totaling 7,210,356 shares of the company’s stock. There were 52 sold out positions, on the other hand, totaling 14,757,440 shares.

Short, Medium and Long Term Indicators

Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. Noble Corporation plc (NE) has had a 20-day average volume of 6,911,990 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 7,070,620 shares, with an average of 0% of medium term indicators pointing toward Hold. Finally, its 100-day average volume is 7,064,118 shares with 67% of long-term indicators pointing to Buy.