Is It Worthwhile For Investors To Follow These Insider Trades On Full Truck Alliance Co. Ltd. (YMM)?

Full Truck Alliance Co. Ltd. (NYSE:YMM) trading with an addition of $0.43 to $16.40 on Friday, an upside of 2.66 percent. An average of 1,601,986 shares of common stock have been traded in the last five days. There was a gain of $2.32 in the past week. The last 20 days have seen an average of 1,601,546 shares traded, while the 50-day average volume stands at 2,549,749.

YMM stock has decreased by -9.16% in the last month. The company shares reached their 1-month lowest point of $13.70 on 10/04/21. Shares of the company touched a low of $7.95 and a high of $22.80 in 52 weeks. In spite of this, the price is down -28.09% from the 52-week high.


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Valuation Metrics

Full Truck Alliance Co. Ltd. (YMM) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.05 for the sector. This means investors are optimistic about the stock’s future prospects. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 33.60, the price-to-book (PB) ratio at 3.46.

The quick ratio of Full Truck Alliance Co. Ltd. for the three months ended June 29 was 15.10, and the current ratio was 15.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $193.84 million compared to revenue of $395.53 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. For the broader industry, ROE averaged 3.34 over the past year.

Earnings Surprise

The analyst consensus anticipated Full Truck Alliance Co. Ltd.’s latest quarter earnings to come in at $0 per share, but it turned out to be -$1.14. For the quarter, EBITDA amounted to -$316.01 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Full Truck Alliance Co. Ltd. (YMM) price momentum. RSI 9-day as of the close on 07 October was 61.06%, suggesting the stock is Neutral, with historical volatility in this time frame at 70.69%.

As of today, YMM’s price is $15.30 +16.25% or $2.32 from its 5-day moving average. YMM is currently trading -3.26% lower than its 20-day SMA. However, the stock’s current price level is +59.92% above the SMA50.

The stochastic %K and %D were 63.53% and 44.82%, respectively, and the average true range (ATR) was 1.24. With the 14-day stochastic at 84.30% and the average true range at 1.28, the RSI (14) stands at 56.69%. The stock has reached 0.73 on the 9-day MACD Oscillator while the 14-day reading was at 0.38.

Analyst Ratings

Citigroup launched coverage on Full Truck Alliance Co. Ltd. (NYSE: YMM) in its analyst report released on August 26, 2021. The firm assigned the stock a a Buy rating.

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