Shares of Noble Corporation plc (NYSE:NE) traded today at $20.71, breaking its 52-week low. This new low was reached on above average trading volume as 289,000 shares traded hands, while the average 30-day volume is approximately 221,000 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) has potential upside of 36.8% based on a current price of $20.89 and analysts’ consensus price target of $28.57.
Noble Corporation plc share prices have moved between a 52-week high of $26.00 and the current low of $20.71 and are currently at $20.89 per share.
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