News headlines about Noah (NYSE:NOAH) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Noah earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 46.1193225713863 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, Zacks Investment Research cut Noah from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th.
Noah (NOAH) traded up $0.58 during midday trading on Wednesday, reaching $49.04. The company had a trading volume of 621,589 shares, compared to its average volume of 254,932. Noah has a 12 month low of $24.63 and a 12 month high of $55.50. The firm has a market cap of $2,862.98, a PE ratio of 25.15 and a beta of 2.52.
Noah (NYSE:NOAH) last announced its earnings results on Tuesday, March 6th. The asset manager reported $0.42 EPS for the quarter. Noah had a return on equity of 18.44% and a net margin of 30.77%. The business had revenue of $110.99 million during the quarter. research analysts forecast that Noah will post 2.13 EPS for the current fiscal year.
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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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