Shares of VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report) shot up 10.4% during trading on Wednesday . The stock traded as high as $3.47 and last traded at $3.60. 89,770 shares were traded during mid-day trading, a decline of 94% from the average session volume of 1,405,421 shares. The stock had previously closed at $3.26.
VinFast Auto Stock Performance
The company has a market cap of $8.05 billion, a P/E ratio of -3.13 and a beta of 0.93. The business's fifty day moving average is $3.71 and its two-hundred day moving average is $3.92.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of VFS. Tower Research Capital LLC TRC purchased a new stake in shares of VinFast Auto in the 4th quarter worth approximately $26,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in VinFast Auto during the fourth quarter worth $29,000. GSA Capital Partners LLP purchased a new position in shares of VinFast Auto in the 3rd quarter valued at $44,000. Walleye Trading LLC purchased a new stake in shares of VinFast Auto during the 4th quarter worth $46,000. Finally, XTX Topco Ltd bought a new stake in VinFast Auto during the third quarter valued at about $48,000.
About VinFast Auto
(
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.
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