The stock of Noah Holdings Ltd ADR (NOAH) has gone down by -5.64% for the week, with a 46.10% rise in the past month and a 60.69% rise in the past quarter. The volatility ratio for the week is 6.46%, and the volatility levels for the past 30 days are 5.86% for NOAH. The simple moving average for the past 20 days is 5.95% for NOAH’s stock, with a 24.27% simple moving average for the past 200 days.
Is It Worth Investing in Noah Holdings Ltd ADR (NYSE: NOAH) Right Now?
Noah Holdings Ltd ADR (NYSE: NOAH) has a price-to-earnings ratio that is above its average at 2.29x. The stock has a 36-month beta value of 0.78. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for NOAH is 62.85M, and at present, short sellers hold a 1.48% of that float. On October 16, 2024, the average trading volume of NOAH was 256.68K shares.
NOAH) stock’s latest price update
Noah Holdings Ltd ADR (NYSE: NOAH)’s stock price has dropped by -8.26 in relation to previous closing price of 13.68. Nevertheless, the company has seen a loss of -5.64% in its stock price over the last five trading days. gurufocus.com reported 2024-10-02 that Shares of Noah Holdings Ltd (NOAH, Financial) surged 6.49% in mid-day trading on Oct 2. The stock reached an intraday high of $14.07, before settling at $13.30, up from its previous close of $12.49.
Analysts’ Opinion of NOAH
Many brokerage firms have already submitted their reports for NOAH stocks, with JP Morgan repeating the rating for NOAH by listing it as a “Neutral.” The predicted price for NOAH in the upcoming period, according to JP Morgan is $13 based on the research report published on May 30, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see NOAH reach a price target of $18, previously predicting the price at $16.30. The rating they have provided for NOAH stocks is “Buy” according to the report published on November 13th, 2023.
JP Morgan gave a rating of “Overweight” to NOAH, setting the target price at $18 in the report published on August 29th of the previous year.
NOAH Trading at 30.98% from the 50-Day Moving Average
After a stumble in the market that brought NOAH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.77% of loss for the given period.
Volatility was left at 5.86%, however, over the last 30 days, the volatility rate increased by 6.46%, as shares surge +41.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.11% upper at present.
During the last 5 trading sessions, NOAH fell by -5.64%, which changed the moving average for the period of 200-days by -6.13% in comparison to the 20-day moving average, which settled at $11.85. In addition, Noah Holdings Ltd ADR saw 1.26% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NOAH
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.57 for the gross margin
The net margin for Noah Holdings Ltd ADR stands at 0.24. The total capital return value is set at 0.07. Equity return is now at value 6.91, with 5.47 for asset returns.
Based on Noah Holdings Ltd ADR (NOAH), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 1.17.
Currently, EBITDA for the company is 1.32 billion with net debt to EBITDA at -6.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The receivables turnover for the company is 2.6for trailing twelve months and the total asset turnover is 0.23.
Conclusion
To sum up, Noah Holdings Ltd ADR (NOAH) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
