VinFast Auto Ltd (NASDAQ: VFS) is -13.40% lower on its value in year-to-date trading and has touched a low of $2.26 and a high of $6.42 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 $3.26 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $3.49, the stock is 1.79% and -7.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 7.06% at the moment leaves the stock -12.09% off its SMA200. VFS registered -30.48% loss for a year compared to 6-month loss of -11.65%. The firm has a 50-day simple moving average (SMA 50) of $3.76 and a 200-day simple moving average (SMA200) of $3.9698.
The stock witnessed a -8.88% gain in the last 1 month and extending the period to 3 months gives it a -22.27%, and is 12.58% 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 5.58% over the week and 4.93% over the month.
Distance from 52-week low is 54.77% and -45.64% from its 52-week high.
with sales reaching $21.84T over the same period.The EPS is expected to shrink by -0.32% this year, but quarterly earnings will post 74.31% year-over-year. Quarterly sales are estimated to grow 103.46% in year-over-year returns.
47.0 institutions hold shares in VinFast Auto Ltd (VFS), with institutional investors hold 9.96% of the company’s shares. The shares outstanding are 2.31B, and float is at 50.06M with Short Float at 3.66%. Institutions hold 0.21% of the Float.
