Noble Corporation plc (NYSE:NE) traded at a new 52-week high today of $33.53. This new high was reached on below average trading volume as 73,000 shares traded hands, while the average 30-day volume is approximately 590,000 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 (NYSE:NE) is currently priced 3.5% above its average consensus analyst price target of $32.31.
In the past 52 weeks, shares of Noble Corporation plc have traded between a low of $20.34 and a high of $33.53 and is now at $33.50, which is 65% above that low price.
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