Shares of Noble Corporation (NYSE:NE) Sees Large Outflow of Money

Noble Corporation (NYSE:NE) had an volatile session and gained 0.03 points till last call. The price was at $9.32, gaining 0.27% till the last intraday data. The total uptick value was $5.35 million while the total downtick value was $7.83 million. The shares saw a net money flow of $(-2.48) million and the up/down ratio stood at 0.68. The stock has seen a change of of -0.59% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-1.17) million. Almost $0.18 million were received in upticks and approximately $1.35 million were lost in downticks, thereby giving the up/down ratio of 0.14.


The stock has recorded a 20-day Moving Average of 5.5% and the 50-Day Moving Average is 3.82%. The company shares have dropped 39.83% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $15.8 and one year low was seen on February 11, 2016 at $6.66. The 50-day moving average is $9.07 and the 200 day moving average is recorded at $9.66. S&P 500 has rallied 1.93% during the last 52-weeks.

Noble Corporation (NYSE:NE): The stock opened at $9.22 on Tuesday but the bulls could not build on the opening and the stock topped out at $9.37 for the day. The stock traded down to $8.94 during the day, due to lack of any buying support eventually closed down at $9.28 with a loss of -0.11% for the day. The stock had closed at $9.29 on the previous day. The total traded volume was 6,590,506 shares.

Currently the company Insiders own 1.4% of Noble Corporation shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -16.14%. On the companys insider trading activities, Cawley Michael A, director of Noble Corp Plc, unloaded 20,000 shares at an average price of $13.52 on March 7, 2016. The total amount of the transaction was worth $270,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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