YMM Stock Summary and Trading Ideas (Full Truck Alliance Co. Ltd. American Depositary Shares (Each Representing 20 Class A Ordinary Shares) | NYSE:YMM)

Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.

Full Truck Alliance Co. Ltd. American Depositary Shares (Each Representing 20 Class A Ordinary Shares) trades on the NYSE stock market under the symbol YMM.

As of November 8, 2024, YMM stock price declined to $8.75 with 7,824,937 million shares trading.

YMM has a beta of 0.37, meaning it tends to be less sensitive to market movements. YMM has a correlation of 0.01 to the broad based SPY ETF.

YMM has a market cap of $9.15 billion. This is considered a Mid Cap stock.

Last quarter Full Truck Alliance Co. Ltd. American Depositary Shares (Each Representing 20 Class A Ordinary Shares) reported $380 million in Revenue and $.13 earnings per share. This fell short of revenue expectation by $-9 million and exceeded earnings estimates by $.01.

In the last 3 years, YMM traded as high as $17.06 and as low as $4.12.

The top ETF exchange traded funds that YMM belongs to (by Net Assets): KWEB, VXUS, VWO, VEU, SCHE.

YMM has underperformed the market in the last year with a price return of +25.5% while the SPY ETF gained +38.4%. However, in the short term, YMM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.4% vs +13.1% return in SPY. But in the last 2 weeks, YMM shares have been beat by the market, returning -2.6% compared to an SPY return of +3.3%.

YMM support price is $8.72 and resistance is $9.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that YMM shares will trade within this expected range on the day.