Investor’s Delight: Full Truck Alliance Co Ltd ADR (YMM) Closes Strong at 9.79, Up 5.27

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The closing price of Full Truck Alliance Co Ltd ADR (NYSE: YMM) was $9.79 for the day, up 5.27% from the previous closing price of $9.30. In other words, the price has increased by $5.27 from its previous closing price. On the day, 31.42 million shares were traded. YMM stock price reached its highest trading level at $9.99 during the session, while it also had its lowest trading level at $9.59.

Ratios:

Our analysis of YMM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.94 and its Current Ratio is at 6.94. 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 9725474816 and an Enterprise Value of 187485585408. As of this moment, Full’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.50, and their Forward P/E ratio for the next fiscal year is 15.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.96 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 19.319 whereas that against EBITDA is 123.731.

Stock Price History:

Over the past 52 weeks, YMM has reached a high of $9.79, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 29.06%, while the 200-Day Moving Average is calculated to be 28.97%.

Shares Statistics:

YMM traded an average of 8.69M shares per day over the past three months and 20768440 shares per day over the past ten days. A total of 938.37M shares are outstanding, with a floating share count of 888.33M. Insiders hold about 6.94% of the company’s shares, while institutions hold 50.73% stake in the company. Shares short for YMM as of 1726185600 were 31866871 with a Short Ratio of 3.67, compared to 1723680000 on 35498585. Therefore, it implies a Short% of Shares Outstanding of 31866871 and a Short% of Float of 4.2700000000000005.

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