In the past week, NE stock has gone up by 0.29%, with a monthly gain of 2.71% and a quarterly plunge of -18.21%. The volatility ratio for the week is 3.54%, and the volatility levels for the last 30 days are 4.68% for Noble Corp Plc The simple moving average for the last 20 days is 1.40% for NE’s stock, with a simple moving average of -29.98% for the last 200 days.
Is It Worth Investing in Noble Corp Plc (NYSE: NE) Right Now?
The price-to-earnings ratio for Noble Corp Plc (NYSE: NE) is 8.12x, which is above its average ratio. Moreover, the 36-month beta value for NE is 1.06. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for NE is 125.07M and currently, short sellers hold a 7.88% of that float. On April 01, 2025, NE’s average trading volume was 2.13M shares.
NE) stock’s latest price update
Noble Corp Plc (NYSE: NE) has experienced a rise in its stock price by 2.32 compared to its previous closing price of 23.70. However, the company has seen a gain of 0.29% in its stock price over the last five trading days. thenewswire.com reported 2025-03-13 that TORONTO – TheNewswire – March 13, 2025 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce successful exploration drilling results from its joint venture partner Canada Nickel Company Inc. (“Canada Nickel”) (TSXV:CNC) in East Timmins Nickel Ltd. (“East Timmins Nickel”) a private company operating in the Timmins area of Northern Ontario. Canada Nickel Company Inc. announced strong results from the Reid, Mann West and Midlothian properties, its Three Giants. One of its Three Giants, Mann West delivered the highest grade interval within the property to date with 0.63% nickel over 4.5 metres within 0.40% nickel over 18.0 metres within an overall mineralized core length of 0.27% nickel over 452 metres, in hole MAN24-79.
Analysts’ Opinion of NE
Many brokerage firms have already submitted their reports for NE stocks, with Evercore ISI repeating the rating for NE by listing it as a “In-line.” The predicted price for NE in the upcoming period, according to Evercore ISI is $41 based on the research report published on January 15, 2025 of the current year 2025.
JP Morgan, on the other hand, stated in their research note that they expect to see NE reach a price target of $37. The rating they have provided for NE stocks is “Neutral” according to the report published on December 06th, 2024.
NE Trading at -11.83% from the 50-Day Moving Average
After a stumble in the market that brought NE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.50% of loss for the given period.
Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares surge +3.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.32% lower at present.
During the last 5 trading sessions, NE fell by -0.58%, which changed the moving average for the period of 200-days by -47.51% in comparison to the 20-day moving average, which settled at $23.91. In addition, Noble Corp Plc saw -22.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NE starting from Hirshberg Al J., who purchase 5,000 shares at the price of $23.00 back on Mar 11 ’25. After this action, Hirshberg Al J. now owns 5,000 shares of Noble Corp Plc, valued at $115,000 using the latest closing price.
Hirshberg Al J., the Director of Noble Corp Plc, purchase 5,000 shares at $23.00 during a trade that took place back on Mar 11 ’25, which means that Hirshberg Al J. is holding 29,130 shares at $115,000 based on the most recent closing price.
Stock Fundamentals for NE
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.24 for the gross margin
The net margin for Noble Corp Plc stands at 0.15. The total capital return value is set at 0.09. Equity return is now at value 10.46, with 6.66 for asset returns.
Based on Noble Corp Plc (NE), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 6.41.
Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 1.83. The receivables turnover for the company is 3.84for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
To wrap up, the performance of Noble Corp Plc (NE) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
