Market Momentum: Full Truck Alliance Co Ltd ADR (YMM) Registers a -6.24 Decrease, Closing at 6.91

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Full Truck Alliance Co Ltd ADR (NYSE: YMM) closed the day trading at $6.91 down -6.24% from the previous closing price of $7.37. In other words, the price has decreased by -$6.24 from its previous closing price. On the day, 14.66 million shares were traded. YMM stock price reached its highest trading level at $7.34 during the session, while it also had its lowest trading level at $6.85.

Ratios:

For a better understanding of YMM, let’s look at its different ratios. 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 7707206656 and an Enterprise Value of 127564611584. As of this moment, Full’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.12, and their Forward P/E ratio for the next fiscal year is 10.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 13.144 whereas that against EBITDA is 84.186.

Stock Price History:

Over the past 52 weeks, YMM has reached a high of $9.68, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is -12.24%, while the 200-Day Moving Average is calculated to be -8.38%.

Shares Statistics:

Over the past 3-months, YMM traded about 7.71M shares per day on average, while over the past 10 days, YMM traded about 7113050 shares per day. A total of 938.37M shares are outstanding, with a floating share count of 873.25M. Insiders hold about 6.94% of the company’s shares, while institutions hold 53.05% stake in the company. Shares short for YMM as of 1723680000 were 35498585 with a Short Ratio of 4.60, compared to 1721001600 on 39219167. Therefore, it implies a Short% of Shares Outstanding of 35498585 and a Short% of Float of 4.760000000000001.

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