Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares, rose in value, with the stock price up by 0.62% to the previous day’s close as strong demand from buyers drove the stock to $11.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.24, falling within a range of $11.04 and $11.36. The value of beta (5-year monthly) is 0.226 whereas the PE ratio is 27.52 over 12-month period. Referring to stock’s 52-week performance, its high was $12.47, and the low was $5.70. On the whole, YMM has fluctuated by 34.16% over the past month.
With the market capitalization of Full Truck Alliance Co Ltd ADR currently standing at about $10.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.14, with its dividend yield at 1.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.05B, with a low estimate of 2.97B and a high estimate of 2.98B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.98B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that YMM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.91, with the price of YMM currently trading nearly 10.99% and 19.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.31, while the 7-day volatility ratio is showing 4.61% which for the 30-day chart, stands at 3.77%. Furthermore, Full Truck Alliance Co Ltd ADR (YMM)’s beta value is 0.27, and its average true range (ATR) is 0.46.
A comparison of Full Truck Alliance Co Ltd ADR (YMM) with its peers suggests the former has fared considerably weaker in the market. YMM showed an intraday change of 0.62% in today’s session so far, and over the past year, it grew by 58.18%%.
Data on historical trading for Full Truck Alliance Co Ltd ADR (NYSE:YMM) indicates that the trading volumes over the past 10 days have averaged 13.52 and over the past 3 months, they’ve averaged 11.52 million. According to company’s latest data on outstanding shares, there are 939.16 million shares outstanding.
Nearly 7.38% of Full Truck Alliance Co Ltd ADR’s shares belong to company insiders and institutional investors own 50.17% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 35.51 million shares as on 2024-10-31, resulting in a short ratio of 3.04. According to the data, the short interest in Full Truck Alliance Co Ltd ADR (YMM) stood at 476.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 32.58 million. The stock has risen by 61.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the YMM stock heading into the next quarter.
