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 Ltd is an investment holding company primarily engaged in the provision of wealth management services. The Company operates its business through three segments. The Wealth Management Business segment is engaged in offering various investment products, including primarily domestic and overseas mutual fund products, private secondary products and other products as well as providing customized value-added financial services, including investor education and trust services. The Asset Management Business segment is engaged in managing clients’ investments in private equity, real estate, public securities, multi-strategy and other investment products. The Other Businesses segment includes lending services and other services. The Company conducts its business in the domestic and overseas markets.

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

As of August 20, 2024, 4:00 PM, CST, Noah Holdings Limited (ADR)’s stock price was $7.61.

Noah Holdings Limited (ADR) is down 4.16% from its previous closing price of $7.94.

During the last market session, Noah Holdings Limited (ADR)’s stock traded between $7.89 and $8.14. Currently, there are 13.96 million shares of Noah Holdings Limited (ADR) stock available for purchase.

Noah Holdings Limited (ADR)’s price-earnings (P/E) ratio is currently at 2.8, which is low compared to the Investment Management & Fund Operators industry median of 14.8. 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 1.81% so far this month.

During the month of August, Noah Holdings Limited (ADR)’s stock price has reached a high of $8.14 and a low of $7.21.

Over the last year, Noah Holdings Limited (ADR) has hit prices as high as $13.85 and as low as $7.14. Year to date, Noah Holdings Limited (ADR)’s stock is down 45.26%.

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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 August 19, 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.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

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 August 19, 2024, Noah Holdings Limited (ADR) has a weighted four-quarter relative price strength of -17.72%, which translates to a Momentum Score of 20 and is considered to be Very Weak.

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Noah Holdings Limited (ADR) Stock Price: Bottom Line

As of August 20, 2024, Noah Holdings Limited (ADR)’s stock price is $7.61, which is down 4.16% 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.