The price-to-earnings ratio for Full Truck Alliance Co. Ltd. (NYSE: YMM) is above average at 34.59x. The 36-month beta value for YMM is also noteworthy at 0.21. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for YMM is $81.41, which is $4.0 above than the current price. The public float for YMM is 945.03M, and at present, short sellers hold a 2.95% of that float. The average trading volume of YMM on September 18, 2023 was 4.76M shares.
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YMM) stock’s latest price update
Full Truck Alliance Co. Ltd. (NYSE: YMM)’s stock price has plunge by 1.56relation to previous closing price of 7.05. Nevertheless, the company has seen a 3.02% surge in its stock price over the last five trading sessions. InvestorPlace reported 2023-09-04 that The recent stock market volatility has left many great companies trading at bargain prices. As a value investor, I get excited when I see quality stocks dipping below $10 per share.
YMM’s Market Performance
YMM’s stock has risen by 3.02% in the past week, with a monthly rise of 14.56% and a quarterly rise of 4.07%. The volatility ratio for the week is 2.24% while the volatility levels for the last 30 days are 4.09% for Full Truck Alliance Co. Ltd. The simple moving average for the last 20 days is 5.29% for YMM stock, with a simple moving average of -1.26% for the last 200 days.
Analysts’ Opinion of YMM
Many brokerage firms have already submitted their reports for YMM stocks, with Morgan Stanley repeating the rating for YMM by listing it as a “Overweight.” The predicted price for YMM in the upcoming period, according to Morgan Stanley is $9 based on the research report published on July 05, 2023 of the current year 2023.
YMM Trading at 3.67% 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 -29.67% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares surge +16.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.99% upper at present.
During the last 5 trading sessions, YMM rose by +3.09%, which changed the moving average for the period of 200-days by -3.70% in comparison to the 20-day moving average, which settled at $6.85. In addition, Full Truck Alliance Co. Ltd. saw -10.50% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for YMM
Current profitability levels for the company are sitting at:
- -3.11 for the present operating margin
- +47.81 for the gross margin
The net margin for Full Truck Alliance Co. Ltd. stands at +6.04. The total capital return value is set at -0.62, while invested capital returns managed to touch 1.21. Equity return is now at value 4.70, with 4.30 for asset returns.
Based on Full Truck Alliance Co. Ltd. (YMM), the company’s capital structure generated 0.24 points at debt to equity in total, while total debt to capital is 0.24. Total debt to assets is 0.22, with long-term debt to equity ratio resting at 0.11. Finally, the long-term debt to capital ratio is 0.11.
When we switch over and look at the enterprise to sales, we see a ratio of 2.75, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 1.91 and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.35.
Conclusion
In summary, Full Truck Alliance Co. Ltd. (YMM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
