VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report) shares were down 6.8% during mid-day trading on Wednesday . The company traded as low as $3.24 and last traded at $3.30. Approximately 1,201,123 shares were traded during trading, a decline of 17% from the average daily volume of 1,448,238 shares. The stock had previously closed at $3.54.
VinFast Auto Price Performance
The company has a fifty day moving average price of $3.90 and a 200 day moving average price of $3.94. The company has a market cap of $8.00 billion, a PE ratio of -3.11 and a beta of 0.93.
Hedge Funds Weigh In On VinFast Auto
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new stake in shares of VinFast Auto during the 4th quarter valued at $26,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in VinFast Auto in the fourth quarter valued at $29,000. Walleye Trading LLC purchased a new stake in VinFast Auto during the fourth quarter valued at about $46,000. GSA Capital Partners LLP bought a new stake in VinFast Auto during the third quarter worth about $44,000. Finally, XTX Topco Ltd bought a new stake in VinFast Auto during the third quarter worth about $48,000.
VinFast Auto Company Profile
(
Get Free Report)
VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.
See Also
Before you consider VinFast Auto, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VinFast Auto wasn't on the list.
While VinFast Auto currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
