In yesterday’s Wall Street session, Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares traded at $8.42, up 10.21% from the previous session.
YMM stock price is now 12.62% away from the 50-day moving average and 11.69% away from the 200-day moving average. The market capitalization of the company currently stands at $8.04B.
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With the price target of $9, Morgan Stanley recently initiated with Overweight rating for Full Truck Alliance Co Ltd ADR (NYSE: YMM). , while ‘Jefferies’ rates the stock as ‘Buy’
A total of 6.94% 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 $9.68. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 6.94, and a quick ratio of 6.94. According to the stock market information, the enterprise value for the company is $158981505024, which is based on a 24.51 price-to-earnings ratio, a 0.81 price-to-earnings-growth ratio, and a beta of 0.20. The fifty day moving average price for YMM is $7.4828 and a two-hundred day moving average price translates $7.5452 for the stock.
The latest earnings results from Full Truck Alliance Co Ltd ADR (NYSE: YMM) was released for 2024-06-30. The net profit margin was 26.82% and return on equity was 7.39% for YMM. The company reported revenue of $380.38 million for the quarter, compared to $284.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.76 percent. For the current quarter, analysts expect YMM to generate $390.02M in revenue.
