VinFast Auto Ltd. (VFS) down -16.20% since start of the year

VinFast Auto Ltd. (NASDAQ: VFS) is -16.20% lower on its value in year-to-date trading and has touched a low of $4.59 and a high of $93.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VFS stock was last observed hovering at around $7.99 in the last trading session, with the day’s gains setting it 0.39%.

Currently trading at $8.38, the stock is 14.36% and 29.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.46 million and changing 4.88% at the moment leaves the stock -29.88% off its SMA200. VFS registered -15.98% loss for a year compared to 6-month loss of -18.88%. The firm has a 50-day simple moving average (SMA 50) of $0.00 and a 200-day simple moving average (SMA200) of -$0.00.

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The stock witnessed a 27.74% gain in the last 1 month and extending the period to 3 months gives it a -34.94%, and is 9.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.92% over the week and 8.32% over the month.

VinFast Auto Ltd. (VFS) has around 3 employees, a market worth around $19.33B and $676.80M in sales. Profit margin for the company is -169.08%. Distance from 52-week low is 82.57% and -90.99% from its 52-week high.

VinFast Auto Ltd. (VFS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for VinFast Auto Ltd. (VFS) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

VinFast Auto Ltd. is expected to release its quarterly report on 02/28/2024.

VinFast Auto Ltd. (VFS) Top Institutional Holders

The shares outstanding are 2.31B, and float is at 31.80M with Short Float at 27.13%.