Full Truck Alliance Co Ltd ADR (NYSE: YMM) – Not A Clear Buying Opportunity?

Full Truck Alliance Co Ltd ADR (YMM) concluded trading on Wednesday at a closing price of $11.39, with 3.63 million shares of worth about $41.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 46.59% during that period and on January 29, 2025 the price saw a loss of about -0.44%. Currently the company’s common shares owned by public are about 939.16M shares, out of which, 885.13M shares are available for trading.

Stock saw a price change of 1.52% in past 5 days and over the past one month there was a price change of 2.34%. Year-to-date (YTD), YMM shares are showing a performance of 5.27% which increased to 70.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.70 but also hit the highest price of $12.47 during that period. The average intraday trading volume for Full Truck Alliance Co Ltd ADR shares is 8.15 million. The stock is currently trading 3.38% above its 20-day simple moving average (SMA20), while that difference is up 7.14% for SMA50 and it goes to 27.91% higher than SMA200.

Full Truck Alliance Co Ltd ADR (NYSE: YMM) currently have 939.16M outstanding shares and institutions hold larger chunk of about 52.10% of that.

The stock has a current market capitalization of $10.70B and its 3Y-monthly beta is at 0.26. PE ratio of stock for trailing 12 months is 27.72, while it has posted earnings per share of $0.41 in the same period. It has Quick Ratio of 7.64 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YMM, volatility over the week remained 2.87% while standing at 3.00% over the month.

Stock’s fiscal year EPS is expected to rise by 65.69% while it is estimated to increase by 28.03% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 11, 2024 offering a Neutral rating for the stock and assigned a target price range of between $12 and $13 to it. Coverage by Morgan Stanley stated Full Truck Alliance Co Ltd ADR (YMM) stock as an Overweight in their note to investors on July 05, 2023, suggesting a price target of $9 for the stock. On February 09, 2023, Barclays Initiated their recommendations, while on December 01, 2022, Jefferies Initiated their ratings for the stock with a price target of $11. Stock get an Outperform rating from Credit Suisse on June 29, 2022.

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