JP Morgan has recently reduced Full Truck Alliance Co Ltd – ADR (YMM) stock to Neutral rating, as announced on December 11, 2024, according to Finviz. Earlier, on July 5, 2023, Morgan Stanley had initiated the stock to Overweight, setting a price target of $9. Barclays also initiated Equal Weight rating. Additionally, Jefferies initiated Buy rating on December 1, 2022, with a target price of $11. Credit Suisse analysts, in their report published on June 29, 2022, also initiated Outperform rating and set a price target of $12 for Full Truck Alliance Co Ltd – ADR’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Full Truck Alliance Co Ltd – ADR (YMM) Stock Trading Recap
On Monday, Full Truck Alliance Co Ltd – ADR (YMM) stock saw a decline, ending the day at $11.12 which represents a decrease of $-0.14 or -1.24% from the prior close of $11.26. The stock opened at $11.04 and touched a low of $10.41 during the day, reaching a high of $11.35. The volume of shares traded was 4.32 million falling short of the average volume of 8.16 million.
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YMM Stock Performance and Moving Averages
In recent trading, Full Truck Alliance Co Ltd – ADR (YMM) stock price has shown some volatility, fluctuating -2.03% over the last five trades and 2.77% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 53.59%, and it has gained 23.42% in the previous three months. Currently, YMM is trading at 0.21%, 2.86%, and 24.11% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, YMM, a Technology sector stock, is trading -10.83% below its 52-week high but remains 95.09% above its 52-week low. The Average True Range (ATR) (14 days) of 0.42 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Full Truck Alliance Co Ltd – ADR’s Profitability and Valuation Ratios
Full Truck Alliance Co Ltd – ADR’s profitability metrics reveal financial health. The company currently boasts an operating margin of 17.84% and a profit margin of 29.57%, with a gross margin of 53.59%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Full Truck Alliance Co Ltd – ADR’s market capitalization stands at $10.44 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 27.06, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.65. Additionally, the Price-to-Sales Ratio is 7.19, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.01, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 5.75% of Full Truck Alliance Co Ltd – ADR (YMM)’s shares, while financial institutions hold 52.04%.