Noah Holdings Limited (NYSE: NOAH) stock enjoyed a major increase of 10.9% on 9/24/24. The shares closed at $9.96. Moreover, this advance was accompanied by exceptionally high trading volume at 299% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 15.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NOAH is expected to continue to be a Value Builder.
Noah Holdings Limited has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Noah Holdings Limited has a very high Appreciation Score of 92 but a very low Power Rating of 15, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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