Noble Corp Plc’s filing revealed that its 10% Owner APMH Invest A/S acquired Company’s shares for reported $14.8 million on Jul 12 ’24. In the deal valued at $45.53 per share,324,984 shares were bought. As a result of this transaction, APMH Invest A/S now holds 28,916,258 shares worth roughly $937.47 million.
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Then, APMH Invest A/S bought 208,589 shares, generating $9,251,072 in total proceeds. Upon buying the shares at $44.35, the 10% Owner now owns 28,591,274 shares.
Before that, APMH Invest A/S bought 104,445 shares. Noble Corp Plc shares valued at $4,870,429 were divested by the 10% Owner at a price of $46.63 per share. As a result of the transaction, APMH Invest A/S now holds 29,020,703 shares, worth roughly $940.85 million.
The Benchmark Company downgraded its Noble Corp Plc [NE] rating to a Hold from a a Buy in a research note published recently. CapitalOne began covering NE with “an Overweight” recommendation on November 28, 2023. Citigroup started covering the stock on July 05, 2023. It rated NE as “a Buy”.
Price Performance Review of NE
On Friday, Noble Corp Plc [NYSE:NE] saw its stock jump 0.81% to $32.42. Over the last five days, the stock has lost -0.37%. Noble Corp Plc shares have fallen nearly -32.68% since the year began. Nevertheless, the stocks have fallen -29.46% over the past one year. While a 52-week high of $52.15 was reached on 04/08/24, a 52-week low of $31.25 was recorded on 10/23/24. SMA at 50 days reached $35.67, while 200 days put it at $42.82.
Levels Of Support And Resistance For NE Stock
The 24-hour chart illustrates a support level at 31.98, which if violated will result in even more drops to 31.55. On the upside, there is a resistance level at 32.65. A further resistance level may holdings at 32.89. The Relative Strength Index (RSI) on the 14-day chart is 36.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.72%. Stochastics %K at 11.96% indicates the stock is a buying.
How much short interest is there in Noble Corp Plc?
A steep rise in short interest was recorded in Noble Corp Plc stocks on 2024-10-15, growing by 0.67 million shares to a total of 11.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 10.46 million shares. There was a rise of 6.02%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 19, 2023 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
