Why Full Truck Alliance Co Ltd ADR (YMM) Stock Could See Much Higher Prices Ahead

Full Truck Alliance Co Ltd ADR (NYSE: YMM) is 27.25% higher on its value in year-to-date trading and has touched a low of $5.70 and a high of $10.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The YMM stock was last observed hovering at around $8.94 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $8.92, the stock is -1.71% and 6.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.53 million and changing -0.22% at the moment leaves the stock 13.13% off its SMA200. YMM registered 30.60% gain for a year compared to 6-month gain of 1.83%. The firm has a 50-day simple moving average (SMA 50) of $8.3672 and a 200-day simple moving average (SMA200) of $7.87335.

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The stock witnessed a -11.07% loss in the last 1 month and extending the period to 3 months gives it a 23.20%, and is -2.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 3.33% over the month.

Full Truck Alliance Co Ltd ADR (YMM) has around 7585 employees, a market worth around $8.38B and $1.34B in sales. Current P/E ratio is 25.97 and Fwd P/E is 14.14. Profit margin for the company is 26.82%. Distance from 52-week low is 56.49% and -13.31% from its 52-week high. The company has generated returns on investments over the last 12 months (7.32%).

with sales reaching $389.9M over the same period.The EPS is expected to grow by 61.29% this year, but quarterly earnings will post 24.70% year-over-year. Quarterly sales are estimated to grow 25.70% in year-over-year returns.

Full Truck Alliance Co Ltd ADR (YMM) Top Institutional Holders

The shares outstanding are 938.37M, and float is at 873.99M with Short Float at 3.45%.

The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 32.52 million shares valued at $261.49 million. The investor’s holdings represent 3.1177% of the YMM Shares outstanding. As of 2024-06-30, the second largest holder is ALL-STARS INVESTMENT LTD with 31.32 million shares valued at $251.81 million to account for 3.0023 of the shares outstanding. The other top investors are INVESCO LTD. which holds 30.18 million shares representing 2.8928% and valued at over $242.63 million, while KRANE FUNDS ADVISORS LLC holds 2.6312 of the shares totaling 27.45 million with a market value of $220.69 million.