As of Friday close, Full Truck Alliance Co. Ltd.’s (NYSE:YMM) stock was up $0.1, moving up 1.47 percent to $6.92. The average number of shares traded per day over the past five days has been 3,222,760 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.13 fall in that time frame. In the last twenty days, the average volume was 4,595,165, while in the previous 50 days, it was 4,589,730.
Since last month, YMM stock retreated -0.43%. Shares of the company fell to $6.42 on 08/23/23, 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 $4.58. Since the beginning of this year, YMM’s stock price has dropped by -13.50% or -$1.08, and marked a new high 7 times. However, the stock has declined by -32.02% since its 52-week high.
Valuation Metrics
Right now, Full Truck Alliance Co. Ltd. (YMM) has a P/E ratio of about 33.43. The stock’s beta is 0.21. Besides these, the trailing price-to-sales (P/S) ratio of 7.07, the price-to-book (PB) ratio of 1.52.
Financial Health
In the three months ended June 29, Full Truck Alliance Co. Ltd.’s quick ratio stood at 10.40, while its current ratio was 10.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 50.20% percent. In the year ended June 29, EBITDA margin amounted to -1.80%, whereas operating margins totaled 8.50%. Based on annual data, YMM earned $466.73 million in gross profit and brought in $976.29 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 4.70%.
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 25.15% during the quarter, while net income inched up to $976.29 million. While analysts expected Full Truck Alliance Co. Ltd. to report $0.06 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated $46.03 million in EBITDA. The liabilities of Full Truck Alliance Co. Ltd. were 457.02 million at the end of its most recent quarter ended June 29, and its total debt was $61.47 million.
Technical Picture
This quick technical analysis looks at Full Truck Alliance Co. Ltd.’s (YMM) price momentum. With a historical volatility rate of 23.07%, the RSI 9-day stood at 50.39% on 22 September.
With respect to its five-day moving average, the current Full Truck Alliance Co. Ltd. price is down by -1.84% percent or -$0.13. At present, YMM shares trade +1.32% above its 20-day simple moving average and +6.46% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.74% below its SMA50 and -18.59% below its SMA200.
Stochastic coefficient K was 40.74% and Stochastic coefficient D was 44.81%, while ATR was 0.25. Given the Stochastic reading of 55.56% for the 14-day period, the RSI (14) reading has been calculated as 50.91%. As of today, the MACD Oscillator reading stands at -0.07, while the 14-day reading stands at -0.03.
Analyst Ratings
Morgan Stanley launched its rating on Full Truck Alliance Co. Ltd. (NYSE: YMM) to an Overweight in a note to investors on July 05, 2023. Full Truck Alliance Co. Ltd. (YMM) has been rated Buy by analysts. According to 0 brokerage firms, YMM is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Full Truck Alliance Co. Ltd. stock as buy, with 8 recommending it as overweight.
With a median target price of $80.22, the current consensus forecast for the stock is $58.34 – $110.15. Based on these forecasts, analysts predict Full Truck Alliance Co. Ltd. (YMM) will achieve an average price target of $78.80.
