Full Truck Alliance Co. Ltd. [YMM] fell -43.13% so far this year. What now?

Full Truck Alliance Co. Ltd. [NYSE: YMM] loss -13.92% or -0.77 points to close at $4.76 with a heavy trading volume of 13371607 shares. The company report on August 25, 2022 that Full Truck Alliance Co. Ltd. Announces Second Quarter 2022 Unaudited Financial Results.


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Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.

It opened the trading session at $4.90, the shares rose to $5.07 and dropped to $4.58, the range by which the price of stock traded the whole day. The daily chart for YMM points out that the company has recorded -5.93% loss over the past six months. However, it is still -15.53% lower than its most recent low trading price.

If we look at the average trading volume of 4.95M shares, YMM reached to a volume of 13371607 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Full Truck Alliance Co. Ltd. [YMM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YMM shares is $13.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YMM stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Full Truck Alliance Co. Ltd. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 29, 2022. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on August 26, 2021, representing the official price target for Full Truck Alliance Co. Ltd. stock. Previously, the target price had yet another raise to $20.50, while Goldman analysts kept a Buy rating on YMM stock.

The Average True Range (ATR) for Full Truck Alliance Co. Ltd. is set at 0.50, with the Price to Sales ratio for YMM stock in the period of the last 12 months amounting to 6.51. The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 3.35.

Trading performance analysis for YMM stock

Full Truck Alliance Co. Ltd. [YMM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.13. With this latest performance, YMM shares dropped by -27.55% in over the last four-week period, additionally sinking by -5.93% over the last 6 months – not to mention a drop of -71.08% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YMM stock in for the last two-week period is set at 29.04, with the RSI for the last a single of trading hit 23.26, and the three-weeks RSI is set at 33.41 for Full Truck Alliance Co. Ltd. [YMM]. The present Moving Average for the last 50 days of trading for this stock 6.73, while it was recorded at 5.41 for the last single week of trading, and 7.41 for the last 200 days.

Full Truck Alliance Co. Ltd. [YMM]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Full Truck Alliance Co. Ltd. [YMM] shares currently have an operating margin of -82.00 and a Gross Margin at +45.46. Full Truck Alliance Co. Ltd.’s Net Margin is presently recorded at -78.47.

Return on Equity for this stock declined to -12.78, with Return on Assets sitting at -11.75.

Full Truck Alliance Co. Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.90 and a Current Ratio set at 11.90.

An analysis of insider ownership at Full Truck Alliance Co. Ltd. [YMM]

Positions in Full Truck Alliance Co. Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 63 institutional holders increased their position in Full Truck Alliance Co. Ltd. [NYSE:YMM] by around 74,858,106 shares. Additionally, 39 investors decreased positions by around 43,147,000 shares, while 18 investors held positions by with 263,887,297 shares. The mentioned changes placed institutional holdings at 381,892,403 shares, according to the latest SEC report filing. YMM stock had 25 new institutional investments in for a total of 14,673,642 shares, while 15 institutional investors sold positions of 7,513,549 shares during the same period.

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