Noah Holdings (NOAH) Jumps: Stock Rises 6.2%

Zacks Equity Research

Thu, Jul 3, 2014, 6:54 AM

Noah Holdings Limited (NOAH) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.89 to $14.67 in the past one-month time frame.

This asset management company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Noah Holdings has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include Kohlberg Kravis Roberts & Co. (KKR), Woori Finance Holdings Co., Ltd. (WF) and BlackRock, Inc. (BLK). While Kohlberg Kravis Roberts & Co. and Woori Finance Holdings Co. hold a Zacks Rank #1 (Strong Buy), BlackRock carries a Zacks Rank #2 (Buy).

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NOAH HOLDINGS LTD (NOAH): Free Stock Analysis Report

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Noah Holdings (NOAH) Jumps: Stock Rises 6.2%

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