VinFast Auto Ltd. (VFS) Stock Could Soon Reward Patient Investors

VinFast Auto Ltd. (NASDAQ: VFS) is -35.96% 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 $5.25 in the last trading session, with the day’s gains setting it 0.11%.

Currently trading at $5.36, the stock is -8.05% and -20.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 2.10% at the moment leaves the stock -52.75% off its SMA200. VFS registered -47.04% loss for a year compared to 6-month loss of -63.83%. 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 -20.71% gain in the last 1 month and extending the period to 3 months gives it a -17.41%, and is 1.71% 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 3.12% over the week and 5.55% over the month.

Profit margin for the company is -169.08%. Distance from 52-week low is 16.78% and -94.24% from its 52-week high.

VinFast Auto Ltd. quarterly earnings per share for the current quarter are estimated at -$0.23 with sales reaching $570.93M over the same period.

VinFast Auto Ltd. (VFS) Top Institutional Holders

32 institutions hold shares in VinFast Auto Ltd. (VFS), with institutional investors hold 4.61% of the company’s shares. The shares outstanding are 2.31B, and float is at 43.51M with Short Float at 14.63%. Institutions hold 0.09% of the Float.

The top institutional shareholder in the company is Fidelity NASDAQ Composite Index ETF with over 0.19 million shares valued at $2.38 million. The investor’s holdings represent 0.01% of the VFS Shares outstanding.