Full Truck Alliance Co Ltd ADR [YMM] Revenue clocked in at $1.34 billion, up 7.28% YTD: What’s Next?

MDB

Full Truck Alliance Co Ltd ADR [NYSE: YMM] closed the trading session at $7.52.

The stocks have a year to date performance of 7.28 percent and weekly performance of 5.92 percent. The stock has been moved at 4.59 percent over the last six months. The stock has performed 0.40 percent around the most recent 30 days and changed -15.98 percent over the most recent 3-months.

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If compared to the average trading volume of 7.02M shares, YMM reached to a volume of 7371130 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Full Truck Alliance Co Ltd ADR [YMM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YMM shares is $11.48 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 1.15. 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.

Morgan Stanley have made an estimate for Full Truck Alliance Co Ltd ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 05, 2023. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on February 09, 2023, representing the official price target for Full Truck Alliance Co Ltd ADR stock. Previously, the target price had yet another raise to $11, while Jefferies analysts kept a Buy rating on YMM stock.

The Average True Range (ATR) for Full Truck Alliance Co Ltd ADR is set at 0.25, with the Price to Sales ratio for YMM stock in the period of the last 12 months amounting to 5.35. The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 2.42.

YMM stock trade performance evaluation

Full Truck Alliance Co Ltd ADR [YMM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.92. With this latest performance, YMM shares gained by 0.40% in over the last four-week period, additionally plugging by 4.59% over the last 6 months – not to mention a rise of 6.67% 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 55.79, with the RSI for the last a single of trading hit 63.09, and the three-weeks RSI is set at 51.67 for Full Truck Alliance Co Ltd ADR [YMM]. The present Moving Average for the last 50 days of trading for this stock 7.53, while it was recorded at 7.31 for the last single week of trading, and 7.53 for the last 200 days.

Full Truck Alliance Co Ltd ADR [YMM]: An insightful look at the core fundamentals

Full Truck Alliance Co Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.94 and a Current Ratio set at 6.94.

Earnings per share (EPS) analysis for Full Truck Alliance Co Ltd ADR [YMM] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for YMM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Full Truck Alliance Co Ltd ADR go to 30.10%.

Full Truck Alliance Co Ltd ADR [YMM]: Institutional Ownership

The top three institutional holders of YMM stocks are: JPMORGAN CHASE & CO with ownership of 32.52 million shares, which is approximately 3.1177%. ALL-STARS INVESTMENT LTD, holding 31.32 million shares of the stock with an approximate value of $$251.81 million in YMM stocks shares; and ALL-STARS INVESTMENT LTD, currently with $$242.63 million in YMM stock with ownership which is approximately 2.8928%.