Full Truck Alliance (NYSE:YMM - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, March 5th. Analysts expect Full Truck Alliance to post earnings of $0.14 per share and revenue of $3.00 billion for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Full Truck Alliance Stock Performance
YMM traded up $0.09 on Friday, hitting $11.77. 6,355,397 shares of the company were exchanged, compared to its average volume of 7,322,905. The business's fifty day moving average is $11.49 and its 200 day moving average is $9.77. Full Truck Alliance has a fifty-two week low of $5.70 and a fifty-two week high of $13.03. The firm has a market capitalization of $12.40 billion, a P/E ratio of 28.02 and a beta of 0.25.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on YMM. HSBC began coverage on shares of Full Truck Alliance in a research report on Wednesday. They set a "buy" rating and a $18.00 target price on the stock. Citigroup upped their target price on shares of Full Truck Alliance from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Hsbc Global Res upgraded shares of Full Truck Alliance to a "strong-buy" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. lowered shares of Full Truck Alliance from an "overweight" rating to a "neutral" rating and increased their price target for the company from $12.00 to $13.00 in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $13.25.
Read Our Latest Analysis on YMM
Full Truck Alliance Company Profile
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Full Truck Alliance Co Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services.
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