Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Noah Holdings Limited (ADR) before investing.

In this article, we go over a few key elements for understanding Noah Holdings Limited (ADR)’s stock price such as:

• Noah Holdings Limited (ADR)’s current stock price and volume
• Why Noah Holdings Limited (ADR)’s stock price changed recently
• Upgrades and downgrades for NOAH from analysts
• NOAH’s stock price momentum as measured by its relative strength

About Noah Holdings Limited (ADR) (NOAH)

Before we jump into Noah Holdings Limited (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Noah Holdings Limited is a wealth management service provider with a focus on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The Company operates through three segments: wealth management, asset management and Internet finance. It also provides Internet finance services to clients in China. It provides direct access to China's high net worth population. With approximately 1,100 relationship managers in over 130 branch offices, its coverage network includes China's regions where high net worth population is concentrated, including the Yangtze River Delta, the Pearl River Delta, the Bohai Rim and other regions. Its product offerings consist primarily of over-the-counter (OTC) wealth management and OTC asset management products, mutual fund products and asset management plans originated in China and designed to cater to the needs of China's high net worth population.

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Noah Holdings Limited (ADR)’s Stock Price as of Market Close

As of May 30, 2024, 4:00 PM, CST, Noah Holdings Limited (ADR)’s stock price was $10.39.

Noah Holdings Limited (ADR) is down 23.04% from its previous closing price of $13.50.

During the last market session, Noah Holdings Limited (ADR)’s stock traded between $13.38 and $13.93. Currently, there are 0.00 million shares of Noah Holdings Limited (ADR) stock available for purchase.

Noah Holdings Limited (ADR)’s price-earnings (P/E) ratio is currently at 6.7, which is low compared to the Investment Management & Fund Operators industry median of 13.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Noah Holdings Limited (ADR) Stock Price History

Noah Holdings Limited (ADR)’s (NOAH) price is currently down 17.34% so far this month.

During the month of May, Noah Holdings Limited (ADR)’s stock price has reached a high of $15.44 and a low of $10.38.

Over the last year, Noah Holdings Limited (ADR) has hit prices as high as $17.39 and as low as $9.90. Year to date, Noah Holdings Limited (ADR)’s stock is down 32.97%.

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What Caused Noah Holdings Limited (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 29, 2024, there were analysts who downgraded Noah Holdings Limited (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Noah Holdings Limited (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Noah Holdings Limited (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Noah Holdings Limited (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Noah Holdings Limited (ADR) (NOAH) by visiting AAII Stock Evaluator.

Relative Price Strength of Noah Holdings Limited (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 29, 2024, Noah Holdings Limited (ADR) has a weighted four-quarter relative price strength of -1.44%, which translates to a Momentum Score of 62 and is considered to be Strong.

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Noah Holdings Limited (ADR) Stock Price: Bottom Line

As of May 30, 2024, Noah Holdings Limited (ADR)’s stock price is $10.39, which is down 23.04% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Noah Holdings Limited (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.