Full Truck Alliance Co Ltd ADR (YMM) is gearing up for another turning point as it hit the volume of 26.99 million

Full Truck Alliance Co Ltd ADR (NYSE: YMM) on Monday, plunged -2.07% from the previous trading day, before settling in for the closing price of $9.20. Within the past 52 weeks, YMM’s price has moved between $5.70 and $9.68.

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During the last 5-year period, the sales growth of Technology Sector giant was 38.79%. The company achieved an average annual earnings per share of 58.40%. With a float of $888.33 million, this company’s outstanding shares have now reached $938.37 million.

Let’s determine the extent of company efficiency that accounts for 7585 employees.

Full Truck Alliance Co Ltd ADR (YMM) Insider Activity

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Full Truck Alliance Co Ltd ADR is 6.94%, while institutional ownership is 50.73%.

Full Truck Alliance Co Ltd ADR (YMM) Earnings and Forecasts

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.11 earnings per share (EPS) for the period topping the consensus outlook (set at 0.08) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 58.40% per share during the next fiscal year.

Full Truck Alliance Co Ltd ADR (NYSE: YMM) Trading Performance Indicators

Full Truck Alliance Co Ltd ADR (YMM) is currently performing well based on its current performance indicators. A quick ratio of 6.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.63 in one year’s time.

Technical Analysis of Full Truck Alliance Co Ltd ADR (YMM)

Looking closely at Full Truck Alliance Co Ltd ADR (NYSE: YMM), its last 5-days average volume was 26.09 million, which is a jump from its year-to-date volume of 8.33 million. As of the previous 9 days, the stock’s Stochastic %D was 81.15%. Additionally, its Average True Range was 0.40.

During the past 100 days, Full Truck Alliance Co Ltd ADR’s (YMM) raw stochastic average was set at 75.08%, which indicates a significant increase from 71.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.13% in the past 14 days, which was higher than the 36.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.56, while its 200-day Moving Average is $7.58. However, in the short run, Full Truck Alliance Co Ltd ADR’s stock first resistance to watch stands at $9.56. Second resistance stands at $10.11. The third major resistance level sits at $10.43. If the price goes on to break the first support level at $8.69, it is likely to go to the next support level at $8.37. Should the price break the second support level, the third support level stands at $7.82.

Full Truck Alliance Co Ltd ADR (NYSE: YMM) Key Stats

Market capitalization of the company is 8.60 billion based on 1,053,670K outstanding shares. Right now, sales total 1,188 M and income totals 311,680 K. The company made 380,380 K in profit during its latest quarter, and 113,270 K in sales during its previous quarter.