VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report) traded up 5.6% during trading on Tuesday . The company traded as high as $3.14 and last traded at $3.17. 260,670 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 1,322,836 shares. The stock had previously closed at $3.00.
Wall Street Analyst Weigh In
Separately, Chardan Capital upgraded shares of VinFast Auto to a "strong-buy" rating in a research note on Monday, March 24th.
Get Our Latest Research Report on VinFast Auto
VinFast Auto Price Performance
The business's 50 day simple moving average is $3.31 and its 200 day simple moving average is $3.80. The stock has a market cap of $7.32 billion, a P/E ratio of -2.85 and a beta of 0.98.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in VFS. XTX Topco Ltd bought a new position in VinFast Auto during the 3rd quarter valued at about $48,000. Tidal Investments LLC grew its holdings in VinFast Auto by 30.0% during the 3rd quarter. Tidal Investments LLC now owns 172,421 shares of the company's stock worth $659,000 after acquiring an additional 39,787 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in VinFast Auto in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new position in shares of VinFast Auto in the fourth quarter worth about $153,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of VinFast Auto during the fourth quarter worth approximately $600,000.
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.
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