Are Smart Investors Making the Right Decision? VinFast Auto Ltd. (VFS)

VinFast Auto Ltd. (NASDAQ: VFS) stock fell -1.20% on Monday to $17.32 against a previous-day closing price of $17.53. With 2.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.94 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $18.45 whereas the lowest price it dropped to was $16.89. The 52-week range on VFS shows that it touched its highest point at $93.00 and its lowest point at $9.11 during that stretch. Beta for the stock currently stands at -0.33.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VFS was up-trending over the past week, with a rise of 4.53%, but this was down by -13.40% over a month. Three-month performance surged to 67.67% while six-month performance rose 69.97%. The stock gained 78.93% in the past year, while it has gained 73.20% so far this year.

Float and Shares Shorts:

At present, 2.31 billion VFS shares are outstanding with a float of 7.17 million shares on hand for trading. On Aug 30, 2023, short shares totaled 1.39 million, which was 0.06% higher than short shares on. In addition to Ms. Thuy Thu Thi Le as the firm’s MD & Global CEO, Mr. David Thomas Mansfield serves as its Chief Financial Officer.

Institutional Ownership:

Other institutions hold 0.40% of VFS, in contrast to 0.12% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in VFS with 0.06% of the stake, Aristeia Capital LLC holds 1,473,591 shares worth 1,473,591. A second-largest stockholder of VFS, LMR Partners LLP, holds 1,117,225 shares, controlling over 0.05% of the firm’s shares. W.R. Berkley Corp. is the third largest shareholder in VFS, holding 838,114 shares or 0.04% stake. With a 0.07% stake in VFS, the First Trust Merger Arbitrage Fund is the largest stakeholder. A total of 1,699,818 shares are owned by the mutual fund manager. The Calamos Market Neutral Income Fun, which owns about 0.02% of VFS stock, is the second-largest Mutual Fund holder. It holds 481,099 shares valued at 16.7 million. Picton Mahoney Fortified Arbitrag holds 0.01% of the stake in VFS, owning 218,338 shares worth 7.58 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VFS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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