As of Friday close, Full Truck Alliance Co. Ltd.’s (NYSE:YMM) stock was up $0.04, moving up 0.57 percent to $7.11. The average number of shares traded per day over the past five days has been 6,374,180 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.16 fall in that time frame. In the last twenty days, the average volume was 7,011,550, while in the previous 50 days, it was 7,132,324.
Since last month, YMM stock retreated -0.56%. Shares of the company fell to $6.54 on 03/14/23, the lowest level in the past month. A 52-week high of $10.18 was reached on 01/17/23 after having rallying from a 52-week low of $4.56. Since the beginning of this year, YMM’s stock price has dropped by -11.12% or -$0.89, and marked a new high 7 times. However, the stock has declined by -30.16% since its 52-week high.
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Valuation Metrics
Right now, Full Truck Alliance Co. Ltd. (YMM) has a P/E ratio of about 129.27. Besides these, the trailing price-to-sales (P/S) ratio of 8.30, the price-to-book (PB) ratio of 1.56.
Financial Health
In the three months ended September 29, Full Truck Alliance Co. Ltd.’s quick ratio stood at 11.30, while its current ratio was 11.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 47.80% percent. In the year ended September 29, operating margins totaled -2.40%. Based on annual data, YMM earned $332.21 million in gross profit and brought in $730.79 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.80%. Return on equity (ROE) for the past 12 months was 1.20%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. YMM’s revenue rose 100.0% during the quarter, while net income inched up to $730.79 million. While analysts expected Full Truck Alliance Co. Ltd. to report $0.02 quarterly earnings, the actual figure was $0.07 per share. During the quarter, the company generated $19.92 million in EBITDA. The liabilities of Full Truck Alliance Co. Ltd. were 423.94 million at the end of its most recent quarter ended September 29, and its total debt was $99.85 million.
Technical Picture
This quick technical analysis looks at Full Truck Alliance Co. Ltd.’s (YMM) price momentum. With a historical volatility rate of 36.29%, the RSI 9-day stood at 38.57% on 17 March.
With respect to its five-day moving average, the current Full Truck Alliance Co. Ltd. price is down by -2.20% percent or -$0.16. At present, YMM shares trade +0.85% above its 20-day simple moving average and +28.57% percent above its 100-day simple moving average. However, the stock is currently trading approximately -23.88% below its SMA50 and +2.60% above its SMA200.
Stochastic coefficient K was 31.82% and Stochastic coefficient D was 38.13%, while ATR was 0.51. Given the Stochastic reading of 28.79% for the 14-day period, the RSI (14) reading has been calculated as 41.60%. As of today, the MACD Oscillator reading stands at -0.29, while the 14-day reading stands at -0.42.