VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report) shares rose 2.9% during mid-day trading on Friday . The stock traded as high as $3.33 and last traded at $3.35. Approximately 287,568 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,393,657 shares. The stock had previously closed at $3.25.
Wall Street Analyst Weigh In
Separately, Chardan Capital upgraded VinFast Auto to a "strong-buy" rating in a research report on Monday, March 24th.
Read Our Latest Research Report on VFS
VinFast Auto Trading Up 1.3 %
The firm has a market cap of $7.53 billion, a PE ratio of -2.93 and a beta of 0.93. The firm has a fifty day moving average price of $3.61 and a 200 day moving average price of $3.90.
Hedge Funds Weigh In On VinFast Auto
Several institutional investors have recently modified their holdings of VFS. Tower Research Capital LLC TRC acquired a new position in shares of VinFast Auto during the 4th quarter worth about $26,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in VinFast Auto during the 4th quarter worth approximately $29,000. Mariner LLC grew its position in VinFast Auto by 84.2% in the 4th quarter. Mariner LLC now owns 24,666 shares of the company's stock valued at $99,000 after buying an additional 11,277 shares during the last quarter. Walleye Trading LLC purchased a new stake in VinFast Auto in the 4th quarter valued at approximately $46,000. Finally, XTX Topco Ltd acquired a new position in VinFast Auto during the third quarter worth $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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