News stories about Noah (NYSE:NOAH) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Noah earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.6635157060666 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several research firms recently commented on NOAH. BidaskClub raised shares of Noah from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research raised shares of Noah from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st.
Shares of Noah (NYSE NOAH) traded down $1.13 during trading hours on Friday, reaching $43.18. 485,932 shares of the company’s stock traded hands, compared to its average volume of 386,316. Noah has a 52-week low of $21.33 and a 52-week high of $48.30. The company has a market cap of $2,505.60, a PE ratio of 24.62 and a beta of 2.58.
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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.
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