Is Full Truck Alliance Co. Ltd. (YMM) a Keeper? – News Heater
Home  »  Trending   »  Is Full Truck Alliance Co. Ltd. (YMM) a Keeper?...

Is Full Truck Alliance Co. Ltd. (YMM) a Keeper?

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Full Truck Alliance Co. Ltd. (NYSE:YMM) went down by -6.47% from its latest closing price compared to the recent 1-year high of $22.80. The company’s stock price has collected -12.34% of loss in the last five trading sessions. Press Release reported on 09/10/21 that The Gross Law Firm Announces Class Actions on Behalf of Shareholders of YMM, BZ and QFIN

Is It Worth Investing in Full Truck Alliance Co. Ltd. (NYSE :YMM) Right Now?

YMM currently public float of 176.66M and currently shorts hold a 7.25% ratio of that float. Today, the average trading volume of YMM was 5.20M shares.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


YMM’s Market Performance

The volatility ratio for the week stands at 9.72% while the volatility levels for the past 30 days are set at 9.23% for Full Truck Alliance Co. Ltd.. The simple moving average for the period of the last 20 days is 9.06% for YMM stocks with a simple moving average of 6.58% for the last 200 days.

Analysts’ Opinion of YMM

Many brokerage firms have already submitted their reports for YMM stocks, with Citigroup repeating the rating for YMM by listing it as a “Buy.” The predicted price for YMM in the upcoming period, according to Citigroup is $19.50 based on the research report published on August 26th of the current year 2021.

Goldman, on the other hand, stated in their research note that they expect to see YMM reach a price target of $20.50. The rating they have provided for YMM stocks is “Buy” according to the report published on August 03rd, 2021.

YMM Trading at 11.34% from the 50-Day Moving Average

After a stumble in the market that brought YMM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.61% of loss for the given period.

Volatility was left at 9.23%, however, over the last 30 days, the volatility rate increased by 9.72%, as shares surge +45.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.71% lower at present.

During the last 5 trading sessions, YMM fell by -12.34%, in comparison to the 20-day moving average, which settled at $14.97. In addition, Full Truck Alliance Co. Ltd. saw -25.35% in overturn over a single year, with a tendency to cut further losses.

>> 7 Top Picks for the Post-Pandemic Economy <<

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

Heading

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam