Noah traded at $11.86 this Friday January 30th, decreasing $0.04 or 0.34 percent since the previous trading session. Looking back, over the last four weeks, Noah lost 18.36 percent. Over the last 12 months, its price rose by 8.81 percent. Looking ahead, we forecast Noah to be priced at 11.26 by the end of this quarter and at 10.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
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. It provides direct access to China's high net worth population. With approximately 1,100 relationship managers in over 130 branch offices, its coverage network includes China's regions where high net worth population is concentrated, including the Yangtze River Delta, the Pearl River Delta, the Bohai Rim and other regions. Its product offerings consist primarily of over-the-counter (OTC) wealth management and OTC asset management products, mutual fund products and asset management plans originated in China and designed to cater to the needs of China's high net worth population.