In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Full Truck Alliance Co Ltd ADR (NYSE: YMM) closed at $8.57 up 0.23% from its previous closing price of $8.55. In other words, the price has increased by $0.23 from its previous closing price. On the day, 5.05 million shares were traded. YMM stock price reached its highest trading level at $8.76 during the session, while it also had its lowest trading level at $8.5625.
Ratios:
For a deeper understanding of Full Truck Alliance Co Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.33 and its Current Ratio is at 7.33. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on July 05, 2023, initiated with a Overweight rating and assigned the stock a target price of $9.
On December 01, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $11.Jefferies initiated its Buy rating on December 01, 2022, with a $11 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YMM now has a Market Capitalization of 8962077696 and an Enterprise Value of 160910770176. As of this moment, Full’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.08, and their Forward P/E ratio for the next fiscal year is 14.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.77 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 19.074 whereas that against EBITDA is 140.648.
Stock Price History:
Over the past 52 weeks, YMM has reached a high of $9.01, while it has fallen to a 52-week low of $5.41. The 50-Day Moving Average of the stock is 12.78%, while the 200-Day Moving Average is calculated to be 21.75%.
Shares Statistics:
For the past three months, YMM has traded an average of 8.31M shares per day and 8747610 over the past ten days. A total of 938.37M shares are outstanding, with a floating share count of 851.69M. Insiders hold about 9.24% of the company’s shares, while institutions hold 39.42% stake in the company. Shares short for YMM as of 1713139200 were 44912204 with a Short Ratio of 5.40, compared to 1710460800 on 37467788. Therefore, it implies a Short% of Shares Outstanding of 44912204 and a Short% of Float of 5.2699998.
