VinFast Auto Ltd. (NASDAQ:VFS) traded at $2.74 at close of the session on Monday, April 29, made an upward move of 5.38% on its previous day’s price.
Looking at the stock we see that its previous close was $2.60. In terms of its 52-week price range, VFS has a high of $93.00 and a low of $2.26. The company’s stock has lost about -44.87% over that past 30 days.
VinFast Auto Ltd. has a market cap of $6.41 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.21, with the EPS growth for the year raised at -$0.94 for 2024 and -$0.74 for next year. These figures represent 9.60% and 21.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $440.09 million, with a low of $344.7 million and a high of $583.75 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.56 billion, or 113.40% up from figures reported last year.
There have been 1 upward and — downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the VFS stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -21.05% off its SMA20 and -38.97% from its 50-day simple moving average. The RSI (14) is pointing at 28.97 while the volatility over the past week is 8.85% and jumps to 8.68% over the past one month. The beta value is 0.81, while the average true range (ATR) is currently pointing at 0.28.
Coming back to VinFast Auto Ltd. (NASDAQ:VFS), we note that the average 3-month trading volume was 2.09 million. Current shares outstanding are 2.31 billion.
The insiders hold 97.90% of the company’s shares while institutions hold 0.22%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -67.26% down in year-to-date price movement.
