Full Truck Alliance Co Ltd ADR (NYSE:YMM) price is hovering lower on Tuesday, April 16, dropping -2.40% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $7.75. The company’s P/E ratio in the trailing 12-month period read 25.67. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.30 and 52-week low of $5.41. The stock added 1.39% on its value in the past month.
Full Truck Alliance Co Ltd ADR, which has a market valuation of $7.22 billion. The company stock has a Forward Dividend ratio of 0.14, while the dividend yield is 1.91%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give YMM a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 75% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.71. The overview shows that YMM’s price is at present 1.18% off the SMA20 and 9.49% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 54.73, with weekly volatility standing at 2.91%. The indicator jumps to 2.97% when calculated based on the past 30 days. Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s beta value is holding at 0.29, while the average true range (ATR) indicator is currently reading 0.26.
An analysis of the Full Truck Alliance Co Ltd ADR (NYSE:YMM) stock in terms of its daily trading volume indicates that the 3-month average is 7.63 million.
Current records show that the company has 938.37M in outstanding shares. The insiders’ percentage holdings are 9.22% of outstanding shares while the percentage share held by institutions stands at 39.01%. But the 7.90% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
