Market Highlights: VinFast Auto Ltd. (VFS) Ends on a Low Note at 3.90

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The price of VinFast Auto Ltd. (NASDAQ: VFS) closed at $3.90 in the last session, down -9.51% from day before closing price of $4.31. In other words, the price has decreased by -$9.51 from its previous closing price. On the day, 1.82 million shares were traded. VFS stock price reached its highest trading level at $4.225 during the session, while it also had its lowest trading level at $3.9.

Ratios:

We take a closer look at VFS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.47.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on January 03, 2024, initiated with a Buy rating and assigned the stock a target price of $10.

On November 21, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $12.

On November 01, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 01, 2023, with a $7 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VFS now has a Market Capitalization of 9118317568 and an Enterprise Value of 154639005646848. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.25. Its current Enterprise Value per Revenue stands at 4.547 whereas that against EBITDA is -5.036.

Stock Price History:

Over the past 52 weeks, VFS has reached a high of $93.00, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 2.75%, while the 200-Day Moving Average is calculated to be -40.60%.

Shares Statistics:

According to the various share statistics, VFS traded on average about 2.96M shares per day over the past 3-months and 1911020 shares per day over the past 10 days. A total of 2.31B shares are outstanding, with a floating share count of 48.59M. Insiders hold about 97.89% of the company’s shares, while institutions hold 0.17% stake in the company. Shares short for VFS as of 1715731200 were 8184958 with a Short Ratio of 1.65, compared to 1713139200 on 5578504. Therefore, it implies a Short% of Shares Outstanding of 8184958 and a Short% of Float of 16.71.

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