Research Recommendations For Full Truck Alliance Co. Ltd. (YMM): Here is What You Should Know

Full Truck Alliance Co. Ltd. (NYSE:YMM) saw a downside of -4.96% on Friday at $14.57 after subtracting -$0.76. The 5-day average trading volume is 1,018,330 shares of the company’s common stock. It has gained $16.35 in the past week. An average of 2,083,208 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,288,647.

YMM’s 1-month performance is -4.66% or -$3.59 on its low of $14.27 reached on 10/01/21. The company’s shares have touched a 52-week low of $7.95 and high of $22.80. YTD, YMM has lost -28.70%. However, the current price is down -36.10%% from the 52-week high price.


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Valuation Metrics

Full Truck Alliance Co. Ltd. (YMM) has a trailing price-to-earnings (P/E) ratio of 30.97 for the broader industry and 36.64 for the sector, meaning that investors are optimistic about the stock’s future prospects. YMM stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 31.30 while the price-to-book (PB) in the most recent quarter is 3.33.

Full Truck Alliance Co. Ltd.’s quick ratio for the period ended June 29 was 15.10, with the current ratio over the same period at 15.10 meaning that YMM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 49.90%.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. Return on investment over the past year is 37.30%. In comparison, the average ROE for the broader industry over the past year is 4.90.

Earnings Surprise

For the quarterly period ending June 29 this year, Analysts expected YMM to announce $0 per share in earnings in its latest quarter, but it posted -$1.14. YMM stock balance sheet for the quarter ending June 29 shows that

Technical Picture

Let’s look briefly at Full Truck Alliance Co. Ltd. (YMM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 30 September was 37.11% to suggest the stock is trending Neutral, with historical volatility in this time period at 65.92%.

The stock’s 5-day moving average is $15.17, reflecting a -11.03% or -$1.78 change from its current price. YMM is currently trading -21.01% above its 20-day SMA. However, the stock’s current price level is away from the SMA50 by -5.21%.

Stochastic %K and %D was 13.74% and 17.32% and the average true range (ATR) pointed at 1.19. The RSI (14) points at 42.87%, while the 14-day stochastic is at 2.61% with the period’s ATR at 1.27. The stock’s 9-day MACD Oscillator is pointing at -0.70 and -0.76 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Full Truck Alliance Co. Ltd. (NYSE: YMM), Citigroup launched coverage with a Buy rating.

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