Full Truck Alliance Co Ltd ADR (YMM) saw an uptrend of 2.69% in the recent trading with $11.06 being its most recent. The current price level -20.12% lower than the highest price of $13.85 marked by the stock while trading over the past 52-weeks, whereas it is 61.46% higher than the lowest price of $6.85 the company dropped to over past 52-weeks. The latest news story.YMM appeared in (Zacks) under the title “Duos Technologies Group, Inc. (DUOT) Reports Q2 Loss, Tops Revenue Estimates”.
Squeezing the time span to 30 day period shows us the stock is currently trading -16.75% below one month high and is +7.80% above of the lowest during that time. Looking into the simple moving average, Full Truck Alliance Co Ltd ADR (YMM)’s stock stands at a SMA-50 of $11.91 while that of 5-day is reading $11.15.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more.stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and YMM’s SMA-200 as of now is $11.42.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.27 for the stock.
Full Truck Alliance Co Ltd ADR Earnings – What Happened With YMM
Coming around sales and income figures.YMM Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Full Truck Alliance Co Ltd ADR (YMM) last released financial results for the quarter that ended 6/30/2024, posting a surprise factor of -0.45% for net revenue.
YMM – Full Truck Alliance Co Ltd ADR Stock Earnings Estimates
The perspective of Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.91 for stock’s EPS in the current quarter. Full Truck Alliance Co Ltd ADR (YMM) last released financial results for the quarter that ended 6/30/2024, posting a surprise factor of -0.45% for net revenue. Company’s EPS for the last quarter was 0.91.
Full Truck Alliance Co Ltd ADR – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 939.30 million. YMM does have institutional investors; and they hold 66.33% of the stock.
As.2024-06-30, MORGAN STANLEY was the top most holder in Full Truck Alliance Co Ltd ADR (NYSE:YMM) with an ownership of 25.0 million shares of the company or 2.4032 of the stake worth $201.0 million. The filing also reveals JPMORGAN CHASE & CO as the second largest holder in the company with a control over 0.1563 of the outstanding shares. Its stake is worth $261.49 million for having 32.52 million shares in hand.
ALL-STARS INVESTMENT LTD also came holding a key position in the company during the recent quarter and it now holds 0.1505 of the outstanding shares. With this there are now 390.0 institutions which have possession in YMM’s shares.
Key Metrics forYMM
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Full Truck Alliance Co Ltd ADR has a debt to equity ratio of 0.00.
Technical Analysis of Full Truck Alliance Co Ltd ADR (NYSE:YMM) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Full Truck Alliance Co Ltd ADR (YMM), we notice that the stock’s 20-day average volume is at 13,685,785 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 9,292,898 shares. And to end, YMM’s 100-day average volume is 9,376,351 shares with 50% of the long-term indicators pointing towards Sell for the stock.
