Full Truck Alliance Co Ltd ADR (NYSE: YMM)’s stock price has dropped by -0.45 in relation to previous closing price of 9.97. Nevertheless, the company has seen a gain of 2.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-22 that Full Truck Alliance Co. Ltd. (NYSE:YMM ) Q3 2024 Earnings Conference Call November 20, 2024 7:00 AM ET Company Participants Mao Mao – Head of Investor Relations Hui Zhang – Founder, Chairman and Chief Executive Officer Simon Cai – Chief Financial Officer Conference Call Participants Charlie Chen – China Renaissance Eddy Wang – Morgan Stanley Jiulu Li – CICC Yuxuan Mi – UBS Operator Ladies and gentlemen, good day, and welcome to Full Truck Alliance’s Third Quarter 2024 Earnings Conference Call.
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 24.15x. The 36-month beta value for YMM is also noteworthy at 0.27. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for YMM is 869.83M, and at present, short sellers hold a 3.91% of that float. The average trading volume of YMM on November 29, 2024 was 10.48M shares.
YMM’s Market Performance
YMM’s stock has seen a 2.32% increase for the week, with a 10.16% rise in the past month and a 36.90% gain in the past quarter. The volatility ratio for the week is 3.80%, and the volatility levels for the past 30 days are at 3.47% for Full Truck Alliance Co Ltd ADR The simple moving average for the last 20 days is 9.66% for YMM’s stock, with a simple moving average of 22.12% 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 9.68% 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 -3.55% of loss for the given period.
Volatility was left at 3.47%, however, over the last 30 days, the volatility rate increased by 3.80%, as shares surge +11.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.02% upper at present.
During the last 5 trading sessions, YMM rose by +2.68%, which changed the moving average for the period of 200-days by +53.00% in comparison to the 20-day moving average, which settled at $9.05. In addition, Full Truck Alliance Co Ltd ADR saw 41.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at YMM starting from All-Stars Investment Ltd, who proposed sale 1,500,000 shares at the price of $9.84 back on Nov 21 ’24. After this action, All-Stars Investment Ltd now owns shares of Full Truck Alliance Co Ltd ADR, valued at $14,760,000 using the latest closing price.
Stock Fundamentals for YMM
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.54 for the gross margin
The net margin for Full Truck Alliance Co Ltd ADR stands at 0.3. The total capital return value is set at 0.05. Equity return is now at value 8.57, with 7.73 for asset returns.
Currently, EBITDA for the company is 2.41 billion with net debt to EBITDA at -2.38. When we switch over and look at the enterprise to sales, we see a ratio of 6.78. The receivables turnover for the company is 2.41for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.64.
Conclusion
In summary, Full Truck Alliance Co Ltd ADR (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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
