One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Noah Holdings Limited (ADR) before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Noah Holdings Limited (ADR)’s stock is to have the right tools and resources as well as a clear monitoring process.

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

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• 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 rise, 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.

Want to learn more about Noah Holdings Limited (ADR)’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Noah Holdings Limited (ADR). The AAII Stock Evaluator puts a company’s grades, charts, news, financials, valuation, ratios, filings and more at your fingertips.

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

As of May 16, 2023, 4:00 PM CST, Noah Holdings Limited (ADR)’s stock price was $16.10.

Noah Holdings Limited (ADR) is up 5.5% from its previous closing price of $15.26.

During the last market session, Noah Holdings Limited (ADR)’s stock traded between $15.12 and $15.40. Currently, there are 70.43 million shares of Noah Holdings Limited (ADR) stock available for purchase.

Noah Holdings Limited (ADR)’s price-earnings (P/E) ratio is currently at 7.4, which is low compared to the Investment Management & Fund Operators industry median of 12.9. 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 up 1.51% so far this month.

During the month of May, Noah Holdings Limited (ADR)’s stock price has reached a high of $16.41 and a low of $14.26.

Over the last year, Noah Holdings Limited (ADR) has hit prices as high as $21.98 and as low as $11.78. Year to date, Noah Holdings Limited (ADR)’s stock is down 47.54%.

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

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?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of May 15, 2023,, no analysts have changed their rating of Noah Holdings Limited (ADR)’s stock over the last month.

Additionally, you'll want to evaluate Noah Holdings Limited (ADR)’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Noah Holdings Limited (ADR)’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be 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 addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of May 15, 2023, Noah Holdings Limited (ADR) has a weighted four-quarter relative price strength of -5.75%, which translates to a Momentum Score of 46 and is considered to be Average.

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Noah Holdings Limited (ADR) Stock Price: Bottom Line

As of May 16, 2023, Noah Holdings Limited (ADR)’s stock price is $16.10, which is up 5.5% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Noah Holdings Limited (ADR)’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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