Noble Corp Plc’s filing revealed that its Director Hirshberg Al J. acquired Company’s shares for reported $0.12 million on Mar 11 ’25. In the deal valued at $23.00 per share,5,000 shares were bought. As a result of this transaction, Hirshberg Al J. now holds 5,000 shares worth roughly $0.12 million.
Then, Hirshberg Al J. bought 5,000 shares, generating $115,000 in total proceeds. Upon buying the shares at $23.00, the Director now owns 29,130 shares.
Before that, SLEDGE CHARLES M bought 8,992 shares. Noble Corp Plc shares valued at $250,247 were divested by the Director at a price of $27.83 per share. As a result of the transaction, SLEDGE CHARLES M now holds 38,361 shares, worth roughly $0.93 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 Friday, Noble Corp Plc [NYSE:NE] saw its stock fall -3.21% to $24.15. Over the last five days, the stock has gained 1.56%. Noble Corp Plc shares have fallen nearly -23.09% since the year began. Nevertheless, the stocks have fallen -49.98% over the past one year. While a 52-week high of $52.15 was reached on 01/15/25, a 52-week low of $22.05 was recorded on 03/06/25. SMA at 50 days reached $28.79, while 200 days put it at $35.32.
Levels Of Support And Resistance For NE Stock
The 24-hour chart illustrates a support level at 23.75, which if violated will result in even more drops to 23.34. On the upside, there is a resistance level at 24.81. A further resistance level may holdings at 25.46. The Relative Strength Index (RSI) on the 14-day chart is 40.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.17%. Stochastics %K at 66.36% indicates the stock is a holding.
How much short interest is there in Noble Corp Plc?
A steep rise in short interest was recorded in Noble Corp Plc stocks on 2025-02-28, growing by 0.98 million shares to a total of 11.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.82 million shares. There was a rise of 8.28%, which implies that there is a positive 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.
