In yesterday’s Wall Street session, Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares traded at $7.38, up 0.41% from the previous session.
YMM stock price is now 11.28% away from the 50-day moving average and 7.80% away from the 200-day moving average. The market capitalization of the company currently stands at $7.04B.
With the price target of $9, Morgan Stanley recently initiated with Overweight rating for Full Truck Alliance Co Ltd ADR (NYSE: YMM). , while ‘Jefferies’ rates the stock as ‘Buy’
A total of 8.84% of the company’s stock is owned by insiders.
During the past 12 months, Full Truck Alliance Co Ltd ADR has had a low of $5.41 and a high of $8.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 7.33, and a quick ratio of 8.21. According to the stock market information, the enterprise value for the company is $5.13B, which is based on a 25.03 price-to-earnings ratio, a 0.70 price-to-earnings-growth ratio, and a beta of 0.33. The fifty day moving average price for YMM is $6.64 and a two-hundred day moving average price translates $6.85 for the stock.
The latest earnings results from Full Truck Alliance Co Ltd ADR (NYSE: YMM) was released for Dec, 2023. According to the Software – Application Company, earnings per share came in at $0.1, beating analysts’ expectations of $0.08 by 0.02. This compares to $0.05 EPS in the same period last year. The net profit margin was 26.23% and return on equity was 6.32% for YMM. The company reported revenue of $310.3 million for the quarter, compared to $254.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.05 percent. For the current quarter, analysts expect YMM to generate $320.69M in revenue.
