Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares traded -0.27% lower at $11.14 on Wall Street last session.
YMM stock price is now 9.49% away from the 50-day moving average and 27.49% away from the 200-day moving average. The market capitalization of the company currently stands at $10.46B.
With the price target enhanced from $12 to $13, JP Morgan Downgraded its rating from Overweight to Neutral for Full Truck Alliance Co Ltd ADR (NYSE: YMM). On July 05, 2023, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $9, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, All-Stars Investment Ltd, Affiliate bought 1,500,000 shares of the company’s stock on Nov 21 ’24. The stock was bought for $14,760,000 at an average price of $9.84. A total of 4.80% 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 $5.70 and a high of $12.47. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 7.64, and a quick ratio of 7.64. The fifty day moving average price for YMM is $10.131 and a two-hundred day moving average price translates $8.7185 for the stock.
The latest earnings results from Full Truck Alliance Co Ltd ADR (NYSE: YMM) was released for 2024-06-30. The net profit margin was 29.57% and return on equity was 8.57% for YMM. The company reported revenue of $431.97 million for the quarter, compared to $310.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.21 percent.
