Full Truck Alliance Co. Ltd. (NYSE:YMM) saw an upside of 0.97% to close Tuesday at $6.24 after adding $0.06 on the day. The 5-day average trading volume is 3,785,420 shares of the company’s common stock. It has gained $6.41 in the past week and touched a new high 1 time within the past 5 days. An average of 3,583,990 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,424,502.
YMM’s 1-month performance is -12.73% or -$0.77 on its low of $6.01 reached on 08/18/23. The company’s shares have touched a 52-week low of $4.58 and high of $10.18, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, YMM has lost -22.00% or -$1.76 and has reached a new high 7 times. However, the current price is down -38.70% from the 52-week high price.
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Valuation Metrics
YMM stock has a beta of 0.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.96 while the price-to-book (PB) in the most recent quarter is 1.43.
Full Truck Alliance Co. Ltd.’s quick ratio for the period ended March 30 was 12.10, with the current ratio over the same period at 12.10.. In terms of profitability, the gross margin trailing 12 months is 48.20%. The trailing 12-month EBITDA margin is -1.80% while for the period ending March 30, Full Truck Alliance Co. Ltd.’s operating margin was 3.60%. The firm’s gross profit as reported stood at $466.73 million against revenue of $976.29 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 1210.24% to $58.98 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected YMM to announce $0.05 per share in earnings in its latest quarter, but it posted $0.07, representing a 40.00% surprise. EBITDA for the quarter stood at more than $24.14 million. YMM stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 413.94 million, with total debt at $70.82 million.
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 22 August was 31.98% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.32%.
The stock’s 5-day moving average is $6.22, reflecting a -3.85% or -$0.25 change from its current price. YMM is currently trading -11.74% above its 20-day SMA, -16.69% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -6.87% and SMA200 by+31.92%.
Stochastic %K and %D was 13.86% and 11.08% and the average true range (ATR) pointed at 0.27. The RSI (14) points at 37.65%, while the 14-day stochastic is at 17.47% with the period’s ATR at 0.30. The stock’s 9-day MACD Oscillator is pointing at -0.23 and -0.45 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Full Truck Alliance Co. Ltd. (NYSE: YMM), Morgan Stanley launched coverage with an Overweight rating. Analysts offering their rating for YMM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate YMM as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 9 have offered a “buy” rating.
