Somewhat Positive Media Coverage Somewhat Unlikely to Affect Noah Holdings (NOAH) Share Price

Press coverage about Noah Holdings (NYSE:NOAH) has trended somewhat positive on Saturday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Noah Holdings earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 45.448593446604 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Noah Holdings (NYSE NOAH) traded up $0.02 during midday trading on Friday, reaching $39.57. The company’s stock had a trading volume of 63,465 shares, compared to its average volume of 279,844. The company has a market cap of $2,230.00, a PE ratio of 22.80 and a beta of 2.61. Noah Holdings has a 12-month low of $21.33 and a 12-month high of $40.98.

NOAH has been the subject of several research analyst reports. BidaskClub upgraded Noah Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded Noah Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 31st.

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Noah Holdings Company Profile

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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