Is VinFast Auto Ltd. (NASDAQ: VFS) a smart move or a risky gamble for your portfolio?

In the last trading session, 3.1 million VinFast Auto Ltd. (NASDAQ:VFS) shares changed hands as the company’s beta touched 1.20. With the company’s per share price at $4.33 changed hands at $0.4 or 10.18% during last session, the market valuation stood at $9.96B. VFS’s last price was a discount, traded about -2047.81% off its 52-week high of $93.00. The share price had its 52-week low at $2.26, which suggests the last value was 47.81% up since then. When we look at VinFast Auto Ltd.’s average trading volume, we note the 3-month average coming to 2.91 million.

VinFast Auto Ltd. (NASDAQ:VFS) trade information

Instantly VFS was in green as seen at the end of in last trading. With action -0.69%, the performance over the past five days has been red. The jump to weekly highs of 4.45 added 10.18% to the stock’s daily price. The company’s shares are showing year-to-date downside of -48.27%, with the 5-day performance at -0.69% in the red. However, in the 30-day time frame, VinFast Auto Ltd. (NASDAQ:VFS) is 2.12% up.

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VinFast Auto Ltd. (VFS) estimates and forecasts

Data shows that the VinFast Auto Ltd. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -36.23% over the past 6 months, a 9.62% in annual growth rate that is considerably lower than the industry average of 10.60%. Year-over-year growth is forecast to reach 113.40% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 440.09M. 4 analysts are of the opinion that VinFast Auto Ltd.’s revenue for the current quarter will be 747.86M.

The 2024 estimates are for VinFast Auto Ltd. earnings to increase by 7.05%.

VFS Dividends

VinFast Auto Ltd. is expected to release its next quarterly earnings report in July.