A major move is in the offing as Full Truck Alliance Co Ltd ADR (YMM) market cap hits 7.96 billion

On Tuesday, Full Truck Alliance Co Ltd ADR (NYSE: YMM) opened lower -4.72% from the last session, before settling in for the closing price of $8.90. Price fluctuations for YMM have ranged from $5.70 to $10.29 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 38.79% over the last five years. Company’s average yearly earnings per share was noted 64.23% at the time writing. With a float of $873.75 million, this company’s outstanding shares have now reached $938.37 million.

The firm has a total of 7585 workers. Let’s measure their productivity. In terms of profitability, gross margin is 52.21%, operating margin of 14.17%, and the pretax margin is 28.85%.

Full Truck Alliance Co Ltd ADR (YMM) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Full Truck Alliance Co Ltd ADR is 6.96%, while institutional ownership is 51.71%.

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

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.11 earnings per share (EPS) for the quarter, besting the agreed prediction (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 64.23% per share during the next fiscal year.

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

Check out the current performance indicators for Full Truck Alliance Co Ltd ADR (YMM). In the past quarter, the stock posted a quick ratio of 6.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.93.

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)

Analysing the last 5-days average volume posted by the [Full Truck Alliance Co Ltd ADR, YMM], we can find that recorded value of 7.07 million was lower than the volume posted last year of 8.54 million. As of the previous 9 days, the stock’s Stochastic %D was 40.48%. Additionally, its Average True Range was 0.36.

During the past 100 days, Full Truck Alliance Co Ltd ADR’s (YMM) raw stochastic average was set at 50.14%, which indicates a significant increase from 17.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.29% in the past 14 days, which was lower than the 40.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.59, while its 200-day Moving Average is $7.95. Now, the first resistance to watch is $8.77. This is followed by the second major resistance level at $9.05. The third major resistance level sits at $9.28. If the price goes on to break the first support level at $8.25, it is likely to go to the next support level at $8.02. Should the price break the second support level, the third support level stands at $7.74.

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

There are currently 1,053,669K shares outstanding in the company with a market cap of 7.96 billion. Presently, the company’s annual sales total 1,188 M according to its annual income of 311,680 K. Last quarter, the company’s sales amounted to 380,380 K and its income totaled 113,270 K.