VinFast Auto Ltd. (NASDAQ:VFS - Get Free Report)'s share price was up 7.8% during mid-day trading on Tuesday . The company traded as high as $3.69 and last traded at $3.77. Approximately 167,019 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 881,436 shares. The stock had previously closed at $3.50.
Analyst Ratings Changes
A number of research analysts have recently commented on the stock. Chardan Capital raised shares of VinFast Auto to a "strong-buy" rating in a report on Tuesday, April 29th. BTIG Research downgraded shares of VinFast Auto from a "buy" rating to a "neutral" rating in a research note on Friday, April 25th.
View Our Latest Stock Analysis on VFS
VinFast Auto Stock Performance
The company has a fifty day moving average of $3.32 and a two-hundred day moving average of $3.73. The company has a market cap of $7.76 billion, a price-to-earnings ratio of -3.02 and a beta of 0.97.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC bought a new stake in VinFast Auto during the 4th quarter worth approximately $26,000. Mariner LLC lifted its holdings in shares of VinFast Auto by 84.2% during the fourth quarter. Mariner LLC now owns 24,666 shares of the company's stock worth $99,000 after purchasing an additional 11,277 shares during the period. Walleye Trading LLC bought a new stake in shares of VinFast Auto in the fourth quarter worth $46,000. Jump Financial LLC acquired a new stake in VinFast Auto in the fourth quarter valued at $51,000. Finally, Tidal Investments LLC raised its position in VinFast Auto by 10.9% during the 4th quarter. Tidal Investments LLC now owns 191,130 shares of the company's stock worth $770,000 after purchasing an additional 18,709 shares during the last quarter.
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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