Noble Corp Plc’s recent filing unveils that its EVP and CFO Barker Richard B. unloaded Company’s shares for reported $0.74 million on Jan 30 ’25. In the deal valued at $32.40 per share,22,813 shares were sold. As a result of this transaction, Barker Richard B. now holds 281,022 shares worth roughly $8.84 million.
Then, ALTING CAROLINE sold 1,618 shares, generating $54,122 in total proceeds. Upon selling the shares at $33.45, the SVP, Ops. Excellence & Sust now owns 2,004 shares.
Before that, Kawaja Joey M sold 30,000 shares. Noble Corp Plc shares valued at $1,072,800 were divested by the SVP, Operations at a price of $35.76 per share. As a result of the transaction, Kawaja Joey M now holds 83,208 shares, worth roughly $2.62 million.
Evercore ISI downgraded its Noble Corp Plc [NE] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $41 from $64. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. The Benchmark Company also remained covering NE and has decreased its forecast on October 15, 2024 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of NE
On Monday, Noble Corp Plc [NYSE:NE] saw its stock fall -1.90% to $31.44. Over the last five days, the stock has lost -3.71%. Noble Corp Plc shares have risen nearly 0.13% since the year began. Nevertheless, the stocks have fallen -28.76% over the past one year. While a 52-week high of $52.15 was reached on 01/15/25, a 52-week low of $28.40 was recorded on 02/03/25. SMA at 50 days reached $32.38, while 200 days put it at $38.54.
Levels Of Support And Resistance For NE Stock
The 24-hour chart illustrates a support level at 30.98, which if violated will result in even more drops to 30.52. On the upside, there is a resistance level at 31.92. A further resistance level may holdings at 32.40. The Relative Strength Index (RSI) on the 14-day chart is 41.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.16%. Stochastics %K at 18.94% 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 2025-01-15, dropping by -0.19 million shares to a total of 9.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 10.13 million shares. There was a decline of -1.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 28, 2023 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $62 price target.
