VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report)'s stock price traded up 4.5% during mid-day trading on Thursday . The stock traded as high as $3.39 and last traded at $3.39. 219,649 shares were traded during mid-day trading, a decline of 85% from the average session volume of 1,445,230 shares. The stock had previously closed at $3.24.
VinFast Auto Stock Down 6.1 %
The company has a market cap of $7.51 billion, a P/E ratio of -2.92 and a beta of 0.93. The company has a 50 day moving average price of $3.89 and a 200-day moving average price of $3.94.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of VFS. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of VinFast Auto in the fourth quarter worth $600,000. Tidal Investments LLC lifted its holdings in shares of 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 during the period. SBI Securities Co. Ltd. acquired a new stake in shares of VinFast Auto in the fourth quarter valued at $153,000. Jump Financial LLC acquired a new stake in shares of VinFast Auto in the fourth quarter valued at $51,000. Finally, XTX Topco Ltd acquired a new stake in shares of VinFast Auto in the third quarter valued at $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.
Featured Stories
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
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
