Home / Street Sector / Active Mix Cap Retreated Movers: Noble Corporation (NYSE:NE), DragonWave Inc. (NASDAQ:DRWI)

Active Mix Cap Retreated Movers: Noble Corporation (NYSE:NE), DragonWave Inc. (NASDAQ:DRWI)

Noble Corporation plc (NYSE:NE) [Trend Analysis] climbed reacts as active mover, shares a gain 2.70% to traded at $5.70 and the percentage gap among open changing to regular change was 3.96%. Noble Corporation plc (NE) reported that it has appointed Adam Peakes, 43, as Senior Vice President and Chief Financial Officer of the Firm, effective January 23, 2017. In his new role, Mr. Peakes will oversee corporate finance, financial reporting, accounting, tax and treasury activities at the Firm.

Since 2011, Peakes has served as Managing Director and Head of OFS Investment Banking at Tudor, Pickering, Holt & Firm. From 2000 – 2011, he served in various roles at Goldman Sachs & Firm, most recently as Managing Director, Global Natural Resources – Investment Banking Division. The firm’s current ratio calculated as 1.30 for the most recent quarter. The firm past twelve months price to sales ratio was 0.50 and price to cash ratio remained 3.25. As far as the returns are concern, the return on equity was recorded as 3.00% and return on investment was 6.80% while its return on asset stayed at 1.70%. The firm has total debt to equity ratio measured as 0.59.

DragonWave Inc. (NASDAQ:DRWI) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -1.61% to $3.05. DragonWave Inc. (NASDAQ:DRWI) reported the firm has won this year’s Fierce Innovation Awards: Telecom Edition, a carrier-reviewed awards program from the publisher of FierceWireless, FierceTelecom and FierceCable. DragonWave was designatedwinner in the category Rural Wireless Networks for its innovative, industry-leading product Harmony Enhance Multi-Channel (MC).

“The technological features inherent in our Harmony Improved MC make it an iaccord, cost-effective solution for rural wireless networks and are key to it being designateda winning product for Rural Wireless Networks in the Telecom Edition of Fierce Wireless Innovation Awards,” stated Greg Friesen, Vice President Product Management, DragonWave. The share price of DRWI attracts active investors, as stock price of week volatility recorded 7.67%. The stock is going forward to its 52-week low with 103.33% and lagging behind from its 52-week high price with -71.39%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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