VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $3.50 and last traded at $3.42, with a volume of 607814 shares. The stock had previously closed at $3.38.
Analysts Set New Price Targets
Several equities research analysts have commented on VFS shares. Chardan Capital raised shares of VinFast Auto to a "strong-buy" rating in a research report on Tuesday, April 29th. BTIG Research downgraded shares of VinFast Auto from a "buy" rating to a "neutral" rating in a research report on Friday, April 25th.
Check Out Our Latest Analysis on VinFast Auto
VinFast Auto Price Performance
The firm has a 50-day simple moving average of $3.22 and a 200 day simple moving average of $3.77. The stock has a market capitalization of $8.62 billion, a P/E ratio of -3.35 and a beta of 0.97.
Hedge Funds Weigh In On VinFast Auto
A number of hedge funds have recently bought and sold shares of VFS. Tower Research Capital LLC TRC acquired a new position in shares of VinFast Auto during the 4th quarter valued at $26,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of VinFast Auto during the fourth quarter valued at about $29,000. Mariner LLC boosted its position in shares of VinFast Auto by 84.2% during the 4th quarter. Mariner LLC now owns 24,666 shares of the company's stock worth $99,000 after purchasing an additional 11,277 shares in the last quarter. Walleye Trading LLC acquired a new stake in shares of VinFast Auto in the 4th quarter valued at about $46,000. Finally, Jump Financial LLC bought a new stake in VinFast Auto in the 4th quarter valued at about $51,000.
VinFast Auto Company Profile
(
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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