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These Numbers Show Favorable Signs for Noah Holdings Ltd ADR (NOAH)

MQ Stock

Noah Holdings Ltd ADR (NYSE: NOAH) is -33.19% lower on its value in year-to-date trading and has touched a low of $7.14 and a high of $13.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NOAH stock was last observed hovering at around $8.41 in the last trading session, with the day’s loss setting it -0.13%.

Currently trading at $8.28, the stock is 6.82% and 3.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -1.55% at the moment leaves the stock -19.73% off its SMA200. NOAH registered -33.96% loss for a year compared to 6-month loss of -17.62%.

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The stock witnessed a 8.09% gain in the last 1 month and extending the period to 3 months gives it a -10.60%, and is 3.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.66% over the week and 4.22% over the month.

Noah Holdings Ltd ADR (NOAH) has around 2583 employees, a market worth around $547.72M and $390.80M in sales. Current P/E ratio is 1.51 and Fwd P/E is 5.46. Profit margin for the company is 24.11%. Distance from 52-week low is 15.97% and -40.24% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).

The EPS is expected to shrink by -39.49% this year.

Noah Holdings Ltd ADR (NOAH) Top Institutional Holders

The shares outstanding are 65.26M, and float is at 62.84M with Short Float at 1.29%.

The top institutional shareholder in the company is YIHENG CAPITAL MANAGEMENT, L.P. with over 6.72 million shares valued at $64.85 million. The investor’s holdings represent 9.6297% of the NOAH Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 4.9 million shares valued at $$47.27 million to account for 7.0194 of the shares outstanding. The other top investors are SC CHINA HOLDING LTD which holds 3.3 million shares representing 4.729% and valued at over $26.23 million, while PLATINUM INVESTMENT MANAGEMENT LTD holds 3.0882 of the shares totaling 2.16 million with a market value of $20.8 million.

Noah Holdings Ltd ADR (NOAH) Insider Activity

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