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VinFast Auto Ltd. (VFS) – Don’t Be So Quick to Call it Dead

VinFast Auto Ltd. (NASDAQ: VFS) is -52.69% lower on its value in year-to-date trading and has touched a low of $2.26 and a high of $9.30 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 $3.90 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $3.96, the stock is 2.34% and 4.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 1.54% at the moment leaves the stock -7.72% off its SMA200. VFS registered -25.70% loss for a year compared to 6-month gain of 48.87%. The firm has a 50-day simple moving average (SMA 50) of $3.8036 and a 200-day simple moving average (SMA200) of $4.29125.

The stock witnessed a 7.03% loss in the last 1 month and extending the period to 3 months gives it a 1.54%, and is 0.00% down 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 5.03% over the week and 4.44% over the month.

Profit margin for the company is -169.08%. Distance from 52-week low is 75.61% and -57.42% from its 52-week high.

The EPS is expected to shrink by -4.81% this year

The shares outstanding are 2.31B, and float is at 50.06M with Short Float at 7.39%.

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