Noble Corporation (NE) Shares are Down -3.12%

Noble Corporation (NE) : During the past 4 weeks, traders have been relatively bearish on Noble Corporation (NE), hence the stock is down -18.06% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.09% relative to the S&P 500. The 4-week change in the price of the stock is -17.75% and the stock has fallen -3.12% in the past 1 week.

Noble Corporation plc has dropped 28.18% during the last 3-month period . Year-to-Date the stock performance stands at -39.68%. The stock has recorded a 20-day Moving Average of 11.76% and the 50-Day Moving Average is 22.14%.


Noble Corporation (NYSE:NE): The stock opened at $6.45 on Friday but the bulls could not build on the opening and the stock topped out at $6.45 for the day. The stock traded down to $6.18 during the day, due to lack of any buying support eventually closed down at $6.21 with a loss of -4.46% for the day. The stock had closed at $6.50 on the previous day. The total traded volume was 7,712,280 shares.

Also, In the latest statement by the brokerage house, Bank of America upgrades its outlook on Noble Corporation (NYSE:NE). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Underperform. The rating by the firm was issued on August 16, 2016.

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