The latest trade, Performances and Moving Averages give us the following Picture
The share price of Full Truck Alliance Co. Ltd. (NYSE:YMM) dipped -11.00% to close Thursday’s market session at $15.13, lower as compared to yesterday’s close. The stock price fluctuated between $14.91 and $16.56 throughout the trading session with the volume trading being 6958334 shares, which represented a significant variation when compared to the three months average volume of 11.51 million shares. YMM stock is trading at a margin of -20.73%, -20.73% and -20.73% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, YMM deals in the Technology domain. The stock is trading -33.64 percent below its 52-week high and 1.61 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Full Truck Alliance Co. Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $16.07 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 40.27 that mirrors the cost to be found for sales by the market.