Shares & Derivatives
A NEW START FOR NOBLE GROUP STOCK?
By Singapore Stocks Investing (SSI)  •  May 10, 2017
Dear readers, Noble Group stock has consolidated its share on a basis of ten shares to one. Noble Group stock price was $1.295 yesterday having headed south by 3.4% from a closing of $1.34 per share on the trading day before. Hence even after consolidation, we note some volatility in the trading range. I hope that the volatility will be towards North rather than South going forward. Currently, Noble Group stock is still in the Oversold territory. With price now ten-times of its previous trading prices, for optimists, those who still believe in Noble Group’s fundamentals, this herald a new start for Noble Group which has its stock price beleaguered due to a raft of factors over the years. However, to me stock price is a result of business fundamentals and Noble Group should impress on the latter front so that any upward in its stock price ......
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By Singapore Stocks Investing (SSI)
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