Noble Corporation (symbol: NE) was one of the biggest winners of the
trading day today (2016-09-28), gaining 13.11%. The number of shares that
changed hands was 22,402,995, or about 2.4 times the average daily volume
in the stock.
The closing price was $6.21, amounting to a market cap of $1,510,000,000,
about -57.58% off the highest price in the last 12 months. The stock has
been trading at a range between $5.09 and $14.64.
NE is in the Oil & Gas Production industry, part of the Energy sector.
Looking at its valuation, the stock is now trading at 2.59 times earnings.
No comments:
Post a Comment