VinFast Auto (NASDAQ:VFS - Get Free Report) was upgraded by investment analysts at Chardan Capital to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Chardan Capital also issued estimates for VinFast Auto's FY2025 earnings at ($1.14) EPS.
Separately, BTIG Research downgraded VinFast Auto from a "buy" rating to a "neutral" rating in a report on Friday, April 25th.
Get Our Latest Research Report on VFS
VinFast Auto Trading Up 2.0 %
VinFast Auto stock traded up $0.07 during midday trading on Tuesday, hitting $3.50. The stock had a trading volume of 469,366 shares, compared to its average volume of 1,153,153. The business has a fifty day moving average price of $3.22 and a 200 day moving average price of $3.77. VinFast Auto has a 12 month low of $2.56 and a 12 month high of $6.42. The stock has a market cap of $8.19 billion, a P/E ratio of -3.18 and a beta of 0.97.
Institutional Investors Weigh In On VinFast Auto
Institutional investors and hedge funds have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of VinFast Auto during the fourth quarter valued at approximately $600,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in VinFast Auto during the 4th quarter worth $29,000. Tidal Investments LLC boosted its holdings in shares of VinFast Auto by 30.0% during the third quarter. Tidal Investments LLC now owns 172,421 shares of the company's stock valued at $659,000 after acquiring an additional 39,787 shares during the period. Jump Financial LLC bought a new position in VinFast Auto in the 4th quarter worth about $51,000. Finally, Walleye Trading LLC bought a new position in VinFast Auto in the 4th quarter worth approximately $46,000.
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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