How to buy Noble Corporation stock | $27.04

Noble Corporation is an oil & gas drilling business based in the US. Noble Corporation shares (NE) are listed on the NYSE and all prices are listed in US Dollars. Noble Corporation employs 1,500 staff and has a trailing 12-month revenue of around 0.00.

Noble Corporation stock price (NYSE: NE)

Use our graph to track the performance of NE stocks over time.

Noble Corporation shares at a glance

• Key figures

Information last updated 2021-10-09.

Latest market close	$27.04
52-week range	$20.34 - $29.06
50-day moving average	$26.20
200-day moving average	$24.31
Wall St. target price	$32.00
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-15.06

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Is it a good time to buy Noble Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Noble Corporation price performance over time

Historical closes compared with the close of $27.04 from 2021-10-14

1 week (2021-10-08)	1.81%
1 month (2021-09-16)	-2.45%
3 months (2021-07-16)	25.24%
6 months (2021-04-12)	N/A

1 year (2020-10-12)	N/A
2 years (2019-10-12)	N/A
3 years (2018-10-12)	N/A
5 years (2016-10-12)	N/A

Is Noble Corporation under- or over-valued?

Valuing Noble Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Noble Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Noble Corporation's EBITDA

Noble Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $96.3 million.

The EBITDA is a measure of a Noble Corporation's overall financial performance and is widely used to measure a its profitability.

Noble Corporation financials

Revenue TTM	$780.3 million
Gross profit TTM	$341.7 million
Return on assets TTM	-2.24%
Return on equity TTM	-132.96%
Profit margin	0%
Book value	$23.04
Market capitalisation	$1.6 billion

TTM: trailing 12 months

Shorting Noble Corporation shares

There are currently 1.1 million Noble Corporation shares held short by investors – that's known as Noble Corporation's "short interest". This figure is 5.2% down from 1.1 million last month.

There are a few different ways that this level of interest in shorting Noble Corporation shares can be evaluated.

Noble Corporation's "short interest ratio" (SIR)

Noble Corporation's "short interest ratio" (SIR) is the quantity of Noble Corporation shares currently shorted divided by the average quantity of Noble Corporation shares traded daily (recently around 324298.51190476). Noble Corporation's SIR currently stands at 3.36. In other words for every 100,000 Noble Corporation shares traded daily on the market, roughly 3360 shares are currently held short.

However Noble Corporation's short interest can also be evaluated against the total number of Noble Corporation shares, or, against the total number of tradable Noble Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Noble Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Noble Corporation shares in existence, roughly 20 shares are currently held short) or 0.0211% of the tradable shares (for every 100,000 tradable Noble Corporation shares, roughly 21 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Noble Corporation.

Find out more about how you can short Noble Corporation stock.

Noble Corporation share dividends

We're not expecting Noble Corporation to pay a dividend over the next 12 months.

Noble Corporation share price volatility

Over the last 12 months, Noble Corporation's shares have ranged in value from as little as $20.34 up to $29.06. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Noble Corporation's is 1.6382. This would suggest that Noble Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Noble Corporation overview

Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of June 04, 2021, it operated a fleet of 24 offshore drilling units, which include 12 drillships and semisubmersibles, and 12 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas. .

Frequently asked questions

What percentage of Noble Corporation is owned by institutions?
Currently 60.287% of Noble Corporation shares are held by institutions. How many people work for Noble Corporation?
Latest data suggests 1,500 work at Noble Corporation. When does the fiscal year end for Noble Corporation?
Noble Corporation's fiscal year ends in December. Where is Noble Corporation based?
Noble Corporation's address is: 13135 Dairy Ashford, Sugar Land, TX, United States, 77478 What is Noble Corporation's ISIN number?
Noble Corporation's international securities identification number is: KYG6610J2093