The price of Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares last traded on Wall Street rose 13.62% to $13.26.
YMM stock price is now 15.01% away from the 50-day moving average and 41.86% away from the 200-day moving average. The market capitalization of the company currently stands at $12.45B.
With the price target of $18, HSBC Securities recently initiated with Buy rating for Full Truck Alliance Co Ltd ADR (NYSE: YMM). On December 11, 2024, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock increasing its target price from $12 to quote $13, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
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 7.74% 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 $13.03. 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 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. For the current quarter, analysts expect YMM to generate $2.65B in revenue.
