Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares, rose in value, with the stock price up by 2.08% to the previous day’s close as strong demand from buyers drove the stock to $8.33.
Actively observing the price movement in the last trading, the stock closed the session at $8.16. The PE ratio was 28.27 over 12-month period. Referring to stock’s 52-week performance, its high was $8.30, and the low was $5.41. On the whole, YMM has fluctuated by 13.33% over the past month.
The company’s Forward Dividend Ratio is 0.14, with its dividend yield at 1.73%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that YMM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.79, with the price of YMM currently trading nearly 9.07% and 17.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.67, while the 7-day volatility ratio is showing 3.51% which for the 30-day chart, stands at 2.90%. Furthermore, Full Truck Alliance Co Ltd ADR (YMM)’s beta value is 0.27, and its average true range (ATR) is 0.27.
A comparison of Full Truck Alliance Co Ltd ADR (YMM) with its peers suggests the former has fared considerably weaker in the market. YMM showed an intraday change of 2.08% in last session, and over the past year, it grew by 35.67%%.
Data on historical trading for Full Truck Alliance Co Ltd ADR (NYSE:YMM) indicates that the trading volumes over the past 3 months, they’ve averaged 7.84 million. According to company’s latest data on outstanding shares, there are 938.37 million shares outstanding.
Nearly 9.22% of Full Truck Alliance Co Ltd ADR’s shares belong to company insiders and institutional investors own 39.49% of the company’s shares. The stock has risen by 18.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the YMM stock heading into the next quarter.
