Noble Corporation plc (NYSE:NE) traded today at a new 52-week high of $29.06. Approximately 76,000 shares have changed hands today, as compared to an average 30-day volume of 198,000 shares.
Noble Corp is an offshore drilling contractor for the oil and gas industry. The company operates under one segment namely, Contract Drilling Services. The fleet consists of around 19 drilling rigs consisted of 7 floaters and 12 jackups. Its geographical segments are Australia, Canada, Denmark, Guyana, Myanmar, Qatar, Saudi Arabia, Malaysia, Trinidad & Tobago, United Kingdom, United States, and other countries.
Noble Corporation plc has overhead space with shares priced $28.39, or 25.4% below the average consensus analyst price target of $38.09.
Over the past year, Noble Corporation plc has traded in a range of $20.34 to $29.06 and is now at $28.39, 40% above that low.
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