Full Truck Alliance Co Ltd ADR (YMM) Shares Rise Despite Market Challenges

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Full Truck Alliance Co Ltd ADR (NYSE: YMM)’s stock price has increased by 0.23 compared to its previous closing price of 8.85. However, the company has seen a 1.14% increase in its stock price over the last five trading sessions. PRNewsWire reported 2024-04-26 that Earnings Call Scheduled for 8:00 A.M. U.S. ET on May 21, 2024   GUIYANG, China, April 26, 2024 /PRNewswire/ — Full Truck Alliance Co. Ltd.

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

The price-to-earnings ratio for Full Truck Alliance Co Ltd ADR (NYSE: YMM) is above average at 30.10x. The 36-month beta value for YMM is also noteworthy at 0.23. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for YMM is 851.69M, and at present, short sellers hold a 5.27% of that float. The average trading volume of YMM on May 06, 2024 was 8.23M shares.

YMM’s Market Performance

YMM’s stock has seen a 1.14% increase for the week, with a 20.03% rise in the past month and a 44.70% gain in the past quarter. The volatility ratio for the week is 3.12%, and the volatility levels for the past 30 days are at 3.22% for Full Truck Alliance Co Ltd ADR The simple moving average for the last 20 days is 10.08% for YMM stock, with a simple moving average of 26.65% 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 previous year 2023.

Jefferies gave a rating of “Buy” to YMM, setting the target price at $11 in the report published on December 01st of the previous year.

YMM Trading at 19.54% 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 -1.55% of loss for the given period.

Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 3.12%, as shares surge +17.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.03% upper at present.

During the last 5 trading sessions, YMM rose by +1.14%, which changed the moving average for the period of 200-days by +31.60% in comparison to the 20-day moving average, which settled at $8.13. In addition, Full Truck Alliance Co Ltd ADR saw 26.53% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for YMM

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.51 for the gross margin

The net margin for Full Truck Alliance Co Ltd ADR stands at 0.26. The total capital return value is set at 0.03. Equity return is now at value 6.32, with 5.76 for asset returns.

Based on Full Truck Alliance Co Ltd ADR (YMM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -3.8.

Currently, EBITDA for the company is 2.34 billion with net debt to EBITDA at -2.95. When we switch over and look at the enterprise to sales, we see a ratio of 7.13. The receivables turnover for the company is 1.61for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.33.

Conclusion

In summary, Full Truck Alliance Co Ltd ADR (YMM) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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