Noble Corporation Ordinary Shar (NYSE:NE).
On September 21, 2016 the stock rating was changed to a “Neutral” according to a Goldman Sachs report which was a boost from the previous “Sell” rating. On September 14, 2016 Scotia Howard Weil started coverage with an initial rating of “Sector Perform”.
August 25 investment analysts at Citigroup left the stock rating at “Neutral” but lowered the price expectation to $6.50 from $11.00. On August 16 the company was rated “Neutral” by Bank of America a boost from the previous “Underperform” rating.
On July 29 Jefferies held the company rating at “Hold” but lowered the price target from $9.00 to $7.50.
The company is trading up from yesterday’s close of $5.49. Noble Corporation Ordinary Shar recently declared a dividend that was paid on Monday August 8th, 2016. The dividend payment was $0.020 per share for the quarter or $0.08 on an annualized basis. The dividend yield was $1.48. The ex-dividend date was set for Thursday the 28th of July 2016.
The stock is trading at $5.62 a bit lower than $5.94, the stock’s 50 day moving average and barely below the 200 day moving average of $8.43. The 50 day moving average moved down $-0.39 and the 200 day average was down $-2.88.
The P/E ratio is currently 2.31 and the market cap of the company is 1.35B. As of the latest earnings report the EPS was $2.40 and is expected to be $-0.06 for the current year with 243,218,000 shares outstanding. Next quarter’s EPS is expected be $-0.19 and the next full year EPS is anticipated to be $-1.15.