VinFast Auto Ltd (NASDAQ:VFS) shares, rose in value on Friday, March 28, with the stock price up by 4.31% to the previous day’s close as strong demand from buyers drove the stock to $3.39.
Actively observing the price movement in the last trading, the stock closed the session at $3.25, falling within a range of $3.2 and $3.4. The value of beta (5-year monthly) was 1.195. Referring to stock’s 52-week performance, its high was $6.42, and the low was $2.26. On the whole, VFS has fluctuated by -4.24% over the past month.
With the market capitalization of VinFast Auto Ltd currently standing at about $7.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 51.37T, with a low estimate of 14.25T and a high estimate of 31.14T. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 21.84T.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VFS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of VFS currently trading nearly 2.26% and -6.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.42, while the 7-day volatility ratio is showing 4.81% which for the 30-day chart, stands at 5.47%. Furthermore, VinFast Auto Ltd (VFS)’s beta value is 1.23, and its average true range (ATR) is 0.17.
A comparison of VinFast Auto Ltd (VFS) with its peers suggests the former has fared considerably weaker in the market. VFS showed an intraday change of 4.31% in last session, and over the past year, it shrunk by -27.87%%.
Data on historical trading for VinFast Auto Ltd (NASDAQ:VFS) indicates that the trading volumes over the past 10 days have averaged 0.44 and over the past 3 months, they’ve averaged 623.29K. According to company’s latest data on outstanding shares, there are 2.31 billion shares outstanding.
Nearly 97.86% of VinFast Auto Ltd’s shares belong to company insiders and institutional investors own 0.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.35 million shares as on 2025-03-14, resulting in a short ratio of 3.95. According to the data, the short interest in VinFast Auto Ltd (VFS) stood at 473.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.35 million. The stock has fallen by -15.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VFS stock heading into the next quarter.
