Should You Invest in Full Truck Alliance Co Ltd ADR (YMM) Now?

Full Truck Alliance Co Ltd ADR (NYSE: YMM) has a higher price-to-earnings ratio of 22.24x compared to its average ratio, The 36-month beta value for YMM is at 0.20. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for YMM is 888.33M, and currently, shorts hold a 3.52% of that float. The average trading volume for YMM on September 24, 2024 was 7.15M shares.

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YMM) stock’s latest price update

Full Truck Alliance Co Ltd ADR (NYSE: YMM) has seen a rise in its stock price by 0.53 in relation to its previous close of 7.60. However, the company has experienced a 4.23% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-02 that The consensus price target hints at a 39.6% upside potential for Full Truck Alliance (YMM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

YMM’s Market Performance

Full Truck Alliance Co Ltd ADR (YMM) has experienced a 4.23% rise in stock performance for the past week, with a 0.53% rise in the past month, and a -11.98% drop in the past quarter. The volatility ratio for the week is 3.46%, and the volatility levels for the past 30 days are at 3.17% for YMM. The simple moving average for the past 20 days is 4.95% for YMM’s stock, with a 1.38% simple moving average for the past 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 2.02% 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 -21.07% of loss for the given period.

Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares surge +1.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.39% lower at present.

During the last 5 trading sessions, YMM rose by +4.23%, which changed the moving average for the period of 200-days by +8.37% in comparison to the 20-day moving average, which settled at $7.29. In addition, Full Truck Alliance Co Ltd ADR saw 8.99% 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:

  • 0.14 for the present operating margin
  • 0.52 for the gross margin

The net margin for Full Truck Alliance Co Ltd ADR stands at 0.27. The total capital return value is set at 0.04. Equity return is now at value 7.39, with 6.71 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 0.09.

Currently, EBITDA for the company is 2.34 billion with net debt to EBITDA at -2.44. When we switch over and look at the enterprise to sales, we see a ratio of 5.33. The receivables turnover for the company is 2.41for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.94.

Conclusion

In conclusion, Full Truck Alliance Co Ltd ADR (YMM) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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