|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||0.285 - 0.285|
|52-week range||0.100 - 0.950|
|PE ratio (TTM)||-0.21|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||N/A|
Noble Group Ltd., the commodity trader struggling to avoid a default, has set out why it received millions of dollars less from the sale of its North American gas and power unit than the company had previously ...
Noble Group Ltd (NGL) expects to sell its oil liquids business by the end of December as part of a plan to slim down drastically and focus on its core Asian coal trading business after a crisis-wracked two years. "NGL continues to progress the sale of its Global Oil Liquids business. NGL currently expects the sale of the Global Oil Liquids business to complete by 31 December 2017," the Singapore-listed company said in a statement on Monday.
Noble Group shares plunged as much as 48.7 percent on Thursday after the company on Wednesday issued a profit warning and plans for asset sales.
In early Friday trade, shares of troubled commodity trader Noble Group retraced a bit of their more than 36 percent surge in the previous session.
Fitch Ratings downgraded Noble Group, as poor liquidity and weak profitability continue to hinder the turnaround of the struggling commodities trader.