Market Resilience: VinFast Auto Ltd (VFS) Finishes Weak at 3.30, Down -0.30

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

VinFast Auto Ltd (NASDAQ: VFS) closed the day trading at $3.30 down -0.30% from the previous closing price of $3.31. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 0.86 million shares were traded. VFS stock price reached its highest trading level at $3.39 during the session, while it also had its lowest trading level at $3.25.

Ratios:

For a better understanding of VFS, let’s look at its different ratios.

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 7741073920 and an Enterprise Value of 151530674061312. Its current Enterprise Value per Revenue stands at 4.067 whereas that against EBITDA is -4.811.

Stock Price History:

The Beta on a monthly basis for VFS is 1.22, which has changed by -0.30021143 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, VFS has reached a high of $6.42, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is -10.04%, while the 200-Day Moving Average is calculated to be -16.17%.

Shares Statistics:

Over the past 3-months, VFS traded about 634.07K shares per day on average, while over the past 10 days, VFS traded about 464830 shares per day. A total of 2.31B shares are outstanding, with a floating share count of 50.06M. Insiders hold about 97.86% of the company’s shares, while institutions hold 0.20% stake in the company. Shares short for VFS as of 1741910400 were 2349298 with a Short Ratio of 3.71, compared to 1739491200 on 2347899. Therefore, it implies a Short% of Shares Outstanding of 2349298 and a Short% of Float of 4.73.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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