Does VinFast Auto Ltd. (NASDAQ:VFS) Look Expensive At $3.76? Here’s How To Know.

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In last trading session, VinFast Auto Ltd. (NASDAQ:VFS) saw 1.47 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $3.76 trading at -$0.15 or -3.84% at ring of the bell on the day assigns it a market valuation of $8.65B. That closing price of VFS’s stock is at a discount of -2373.4% from its 52-week high price of $93.00 and is indicating a premium of 39.89% from its 52-week low price of $2.26. Taking a look at company’s average trading volume volume of 2.91 million if we extend that period to 3-months.

VinFast Auto Ltd. (NASDAQ:VFS) trade information

Upright in the red during last session for losing -3.84%, in the last five days VFS remained trading in the red while hitting it’s week-highest on Thursday, 06/06/24 when the stock touched $3.76 price level, adding 18.08% to its value on the day. VinFast Auto Ltd.’s shares saw a change of -55.08% in year-to-date performance and have moved -15.88% in past 5-day. VinFast Auto Ltd. (NASDAQ:VFS) showed a performance of -17.54% in past 30-days.

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VinFast Auto Ltd. (VFS) estimates and forecasts

Statistics highlight that VinFast Auto Ltd. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -44.05% of value to its shares in past 6 months, showing an annual growth rate of 9.62% while that of industry is 10.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

VFS Dividends

VinFast Auto Ltd. is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.