Market Watch: Full Truck Alliance Co Ltd ADR (YMM)’s Noteworthy Drop, Closing at 9.01

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As of close of business last night, Full Truck Alliance Co Ltd ADR’s stock clocked out at $9.01, down -1.31% from its previous closing price of $9.13. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 2.6 million shares were traded. YMM stock price reached its highest trading level at $9.125 during the session, while it also had its lowest trading level at $9.01.

Ratios:

To gain a deeper understanding of YMM’s stock, we examine 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 9547716608 and an Enterprise Value of 171256987648. As of this moment, Full’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.23, and their Forward P/E ratio for the next fiscal year is 14.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.30 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 17.646 whereas that against EBITDA is 113.021.

Stock Price History:

Over the past 52 weeks, YMM has reached a high of $10.29, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 8.39%, while the 200-Day Moving Average is calculated to be 14.79%.

Shares Statistics:

It appears that YMM traded 9.86M shares on average per day over the past three months and 6419180 shares per day over the past ten days. A total of 938.37M shares are outstanding, with a floating share count of 873.99M. Insiders hold about 6.94% of the company’s shares, while institutions hold 51.00% stake in the company. Shares short for YMM as of 1728950400 were 30187805 with a Short Ratio of 3.06, compared to 1726185600 on 31866871. Therefore, it implies a Short% of Shares Outstanding of 30187805 and a Short% of Float of 4.05.

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