VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $3.14, but opened at $3.23. VinFast Auto shares last traded at $3.21, with a volume of 14,739 shares traded.
Wall Street Analyst Weigh In
Separately, Chardan Capital upgraded VinFast Auto to a "strong-buy" rating in a research note on Monday, March 24th.
View Our Latest Stock Report on VFS
VinFast Auto Stock Down 0.3 %
The firm has a 50 day moving average of $3.30 and a 200-day moving average of $3.80. The firm has a market capitalization of $7.37 billion, a P/E ratio of -2.86 and a beta of 0.98.
Hedge Funds Weigh In On VinFast Auto
Hedge funds and other institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in VinFast Auto during the fourth quarter worth about $600,000. Tidal Investments LLC boosted its position in VinFast Auto by 30.0% in the third quarter. Tidal Investments LLC now owns 172,421 shares of the company's stock valued at $659,000 after buying an additional 39,787 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of VinFast Auto during the fourth quarter worth $153,000. Jump Financial LLC bought a new stake in shares of VinFast Auto during the fourth quarter worth $51,000. Finally, XTX Topco Ltd acquired a new position in shares of VinFast Auto during the third quarter worth $48,000.
VinFast Auto Company Profile
(
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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.
Further Reading
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