Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares, rose in value on Wednesday, May 07, with the stock price down by -3.80% to the previous day’s close as strong demand from buyers drove the stock to $11.63.
Actively observing the price movement in the last trading, the stock closed the session at $12.09. The PE ratio was 28.49 over 12-month period. Referring to stock’s 52-week performance, its high was $13.85, and the low was $6.66. On the whole, YMM has fluctuated by 10.66% over the past month.
With the market capitalization of Full Truck Alliance Co Ltd ADR currently standing at about $10.84 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 0.83%.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 0.77, with the price of YMM currently trading nearly 6.47% and -2.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.56, while the 7-day volatility ratio is showing 3.79% which for the 30-day chart, stands at 5.20%. Furthermore, Full Truck Alliance Co Ltd ADR (YMM)’s beta value is 0.20, and its average true range (ATR) is 0.54.
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 -3.80% in last session, and over the past year, it grew by 31.12%%.
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 9.94 million. According to company’s latest data on outstanding shares, there are 931.89 million shares outstanding.
Nearly 7.74% of Full Truck Alliance Co Ltd ADR’s shares belong to company insiders and institutional investors own 61.47% of the company’s shares. The stock has risen by 7.49% 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.
