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After finishing at $9.24 in the prior trading day, Noah Holdings Ltd ADR (NYSE: NOAH) closed at $8.32, down -9.93%. In other words, the price has decreased by -$9.93 from its previous closing price. On the day, 0.61 million shares were traded. NOAH stock price reached its highest trading level at $8.83 during the session, while it also had its lowest trading level at $7.14.
Ratios:
Our goal is to gain a better understanding of NOAH by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on May 30, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $18 previously.
On November 13, 2023, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $16.30 to $18.
JP Morgan Upgraded its Neutral to Overweight on August 29, 2023, while the target price for the stock was maintained at $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOAH now has a Market Capitalization of 542252096 and an Enterprise Value of -3067259136. As of this moment, Noah’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.00, and their Forward P/E ratio for the next fiscal year is 3.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at -0.977 whereas that against EBITDA is -2.791.
Stock Price History:
Over the past 52 weeks, NOAH has reached a high of $14.20, while it has fallen to a 52-week low of $8.52. The 50-Day Moving Average of the stock is -23.55%, while the 200-Day Moving Average is calculated to be -23.80%.
Shares Statistics:
The stock has traded on average 237.99K shares per day over the past 3-months and 306890 shares per day over the last 10 days, according to various share statistics. A total of 65.26M shares are outstanding, with a floating share count of 62.83M. Insiders hold about 5.00% of the company’s shares, while institutions hold 36.55% stake in the company. Shares short for NOAH as of 1718323200 were 586689 with a Short Ratio of 3.62, compared to 1715731200 on 479640.
Dividends & Splits
In the trailing 12 months, NOAH’s forward annual dividend rate was 7.75, compared to 1.06 this year. Against a Trailing Annual Dividend Yield of 0.948004
