Noah Holdings Ltd ADR (NYSE: NOAH) is -27.75% lower on its value in year-to-date trading and has touched a low of $7.14 and a high of $14.90 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 $8.51 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $8.46, the stock is -9.45% and -19.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing -0.59% at the moment leaves the stock -18.75% off its SMA200. NOAH registered -21.70% loss for a year compared to 6-month loss of -32.59%. The firm has a 50-day simple moving average (SMA 50) of $10.463 and a 200-day simple moving average (SMA200) of $10.4177.
The stock witnessed a -27.07% gain in the last 1 month and extending the period to 3 months gives it a -20.26%, and is 2.30% 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 5.43% over the week and 5.62% over the month.
Current P/E ratio is 1.67 and Fwd P/E is 6.35. Profit margin for the company is 18.14%. Distance from 52-week low is 18.49% and -43.22% from its 52-week high. The company has generated returns on investments over the last 12 months (4.78%).
The EPS is expected to grow by 12.43% this year, but quarterly earnings will post 4.08% year-over-year.
110.0 institutions hold shares in Noah Holdings Ltd ADR (NOAH), with institutional investors hold 42.59% of the company’s shares. The shares outstanding are 66.08M, and float is at 64.46M with Short Float at 0.95%. Institutions hold 41.86% of the Float.
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
Still, SEC filings show that on Dec 24 ’24, HongShan Capital Partners Fund (Affiliate) Proposed Sale 16,729 shares at an average price of $12.00 for $0.2 million. The insider now directly holds shares of Noah Holdings Ltd ADR (NOAH).
