Now Is A Good Time To Buy VinFast Auto Ltd. (NASDAQ: VFS)

During the last session, VinFast Auto Ltd. (NASDAQ:VFS)’s traded shares were 3.13 million, with the beta value of the company hitting 0.84. At the end of the trading day, the stock’s price was $2.50, reflecting an intraday gain of 3.31% or $0.08. The 52-week high for the VFS share is $93.00, that puts it down -3620.0 from that peak though still a striking 9.6% gain since the share price plummeted to a 52-week low of $2.26. The company’s market capitalization is $5.84B, and the average trade volume was 2.03 million shares over the past three months.

VinFast Auto Ltd. (NASDAQ:VFS) trade information

VinFast Auto Ltd. (VFS) registered a 3.31% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.31% in intraday trading to $2.50, hitting a weekly high. The stock’s 5-day price performance is -8.09%, and it has moved by -48.24% in 30 days. Based on these gigs, the overall price performance for the year is -75.61%.

VinFast Auto Ltd. (VFS) estimates and forecasts

Statistics show that VinFast Auto Ltd. has underperformed its competitors in share price, compared to the industry in which it operates. VinFast Auto Ltd. (VFS) shares have gone down -47.92% during the last six months, with a year-to-date growth rate less than the industry average at 9.62% against 11.00. In the rating firms’ projections, revenue will increase 118.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 479.21M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 765.13M by the end of current fiscal year.

While earnings are projected to return 6.01% in 2024.

VFS Dividends

VinFast Auto Ltd. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

VinFast Auto Ltd. (NASDAQ:VFS)’s Major holders