In last trading session, Full Truck Alliance Co Ltd ADR (NYSE:YMM) saw 9.83 million shares changing hands with its beta currently measuring 0.33. Company’s recent per share price level of $7.35 trading at $0.21 or 2.94% at ring of the bell on the day assigns it a market valuation of $7.02B. That closing price of YMM’s stock is at a discount of -12.93% from its 52-week high price of $8.30 and is indicating a premium of 26.39% from its 52-week low price of $5.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.6 million shares which gives us an average trading volume of 7.18 million if we extend that period to 3-months.
Full Truck Alliance Co Ltd ADR (NYSE:YMM) trade information
Upright in the green during last session for gaining 2.94%, in the last five days YMM remained trading in the red while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $7.35 price level, adding 2.39% to its value on the day. Full Truck Alliance Co Ltd ADR’s shares saw a change of 4.85% in year-to-date performance and have moved -1.47% in past 5-day. Full Truck Alliance Co Ltd ADR (NYSE:YMM) showed a performance of 15.20% in past 30-days. Number of shares sold short was 31.16 million shares which calculate 5.39 days to cover the short interests.
Full Truck Alliance Co Ltd ADR (YMM) estimates and forecasts
Statistics highlight that Full Truck Alliance Co Ltd ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 7.77% of value to its shares in past 6 months, showing an annual growth rate of 21.62% while that of industry is 18.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 28.60% in the current quarter and calculating 33.30% increase in the next quarter. This year revenue growth is estimated to rise 25.50% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $320.69 million for the same. And 2 analysts are in estimates of company making revenue of $405.53 million in the next quarter that will end on Jun 2024. Company posted $247.87 million and $284.37 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 29.40% while estimating it to be 42.60% for the next quarter.
In 2024, company’s earnings growth rate is likely to be around 53.99% while estimates for its earnings growth in next 5 years are of 35.90%.
YMM Dividends
Full Truck Alliance Co Ltd ADR is more likely to be releasing its next quarterly report between May 20 and May 24 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s Major holders
Insiders are in possession of 0.08% of company’s total shares while institution are holding 50.75 percent of that, with stock having share float percentage of 50.79%. Investors also watch the number of corporate investors in a company very closely, which is 50.75% institutions for Full Truck Alliance Co Ltd ADR that are currently holding shares of the company. Farallon Capital Management LLC is the top institutional holder at YMM for having 38.19 million shares of worth $280.7 million. And as of Dec 30, 2023, it was holding 4.11% of the company’s outstanding shares.
The second largest institutional holder is Krane Funds Advisors LLC, which was holding about 32.72 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 3.52% of outstanding shares, having a total worth of $240.48 million.
On the other hand, KraneShares CSI China Internet ETF and Vanguard International Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 30.41 million shares of worth $223.53 million or 3.27% of the total outstanding shares. The later fund manager was in possession of 12.23 million shares on Nov 29, 2023, making its stake of worth around $89.87 million in the company or a holder of 1.31% of company’s stock.
