Full Truck Alliance Co Ltd ADR (YMM) Shares Up Despite Recent Market Volatility

Full Truck Alliance Co Ltd ADR (NYSE: YMM)’s stock price has soared by 1.80 in relation to previous closing price of 8.32. Nevertheless, the company has seen a loss of -4.83% in its stock price over the last five trading days. prnewswire.com reported 2024-10-31 that Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 20, 2024   GUIYANG, China, Oct. 31, 2024 /PRNewswire/ — Full Truck Alliance Co. Ltd.

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

Full Truck Alliance Co Ltd ADR (NYSE: YMM) has a higher price-to-earnings ratio of 24.66x compared to its average ratio. YMM has 36-month beta value of 0.21. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for YMM is 894.10M, and currently, short sellers hold a 3.97% ratio of that float. The average trading volume of YMM on November 19, 2024 was 9.82M shares.

YMM’s Market Performance

YMM stock saw a decrease of -4.83% in the past week, with a monthly decline of -4.62% and a quarterly a decrease of 14.77%. The volatility ratio for the week is 3.22%, and the volatility levels for the last 30 days are 2.86% for Full Truck Alliance Co Ltd ADR (YMM). The simple moving average for the past 20 days is -4.10% for YMM’s stock, with a 5.99% 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 -2.51% 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 -17.69% of loss for the given period.

Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares sank -4.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.30% upper at present.

During the last 5 trading sessions, YMM fell by -4.83%, which changed the moving average for the period of 200-days by +38.17% in comparison to the 20-day moving average, which settled at $8.83. In addition, Full Truck Alliance Co Ltd ADR saw 20.83% 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.

Currently, EBITDA for the company is 1.14 billion with net debt to EBITDA at -3.41. When we switch over and look at the enterprise to sales, we see a ratio of 6.08. The receivables turnover for the company is 354.48for 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

To put it simply, Full Truck Alliance Co Ltd ADR (YMM) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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