Now Is A Good Time To Buy Full Truck Alliance Co Ltd ADR (NYSE: YMM)

ZM Stock

During the recent session, Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s traded shares were 2.76 million, with the beta value of the company hitting 0.25. At the last check today, the stock’s price was $8.65, reflecting an intraday gain of 3.41% or $0.28. The 52-week high for the YMM share is $8.54, that puts it up 1.27 from that peak though still a striking 37.46% gain since the share price plummeted to a 52-week low of $5.41. The company’s market capitalization is $8.12B, and the average trade volume was 7.90 million shares over the past three months.

Full Truck Alliance Co Ltd ADR (NYSE:YMM) trade information

Full Truck Alliance Co Ltd ADR (YMM) registered a 3.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.41% in intraday trading to $8.65, hitting a weekly high. The stock’s 5-day price performance is 11.39%, and it has moved by 17.76% in 30 days. Based on these gigs, the overall price performance for the year is 37.60%.

Full Truck Alliance Co Ltd ADR (YMM) estimates and forecasts

Statistics show that Full Truck Alliance Co Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Full Truck Alliance Co Ltd ADR (YMM) shares have gone up 25.62% during the last six months, with a year-to-date growth rate more than the industry average at 21.62% against 19.30. In the rating firms’ projections, revenue will increase 24.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 312.4M as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 386.34M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 247.87M and 284.37M respectively. In this case, analysts expect current quarter sales to grow by 26.00% and then jump by 35.90% in the coming quarter. While earnings are projected to return 53.37% in 2024, the next five years will return 35.90% per annum.

YMM Dividends

Full Truck Alliance Co Ltd ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Full Truck Alliance Co Ltd ADR is 0.14, with the dividend yield indicating at 1.67 percent, continuing the trend of increasing dividends in recent years.