VinFast Auto Ltd. (NASDAQ: VFS) has seen a decline in its stock price by -1.86 in relation to its previous close of 3.77. However, the company has experienced a -5.37% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-03 that NEW YORK, Oct. 3, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. (“VinFast” or the “Company”) (NASDAQ: VFS).
Is It Worth Investing in VinFast Auto Ltd. (NASDAQ: VFS) Right Now?
Moreover, the 36-month beta value for VFS is 1.19. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for VFS is 12.63M and currently, short sellers hold a 25.35% of that float. On October 03, 2024, VFS’s average trading volume was 978.37K shares.
VFS’s Market Performance
VFS stock saw an increase of -5.37% in the past week, with a monthly gain of 5.41% and a quarterly increase of -14.35%. The volatility ratio for the week is 3.69%, and the volatility levels for the last 30 days are 4.60% for VinFast Auto Ltd. (VFS). The simple moving average for the last 20 days is -3.18% for VFS stock, with a simple moving average of -20.43% for the last 200 days.
Analysts’ Opinion of VFS
Many brokerage firms have already submitted their reports for VFS stocks, with BTIG Research repeating the rating for VFS by listing it as a “Buy.” The predicted price for VFS in the upcoming period, according to BTIG Research is $10 based on the research report published on January 03, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see VFS reach a price target of $12. The rating they have provided for VFS stocks is “Outperform” according to the report published on November 21st, 2023.
Cantor Fitzgerald gave a rating of “Overweight” to VFS, setting the target price at $7 in the report published on November 01st of the previous year.
VFS Trading at -2.50% from the 50-Day Moving Average
After a stumble in the market that brought VFS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.62% of loss for the given period.
Volatility was left at 4.60%, however, over the last 30 days, the volatility rate increased by 3.69%. Over the last 50 days, in opposition, the stock is trading -8.87% lower at present.
During the last 5 trading sessions, VFS fell by -5.37%, which changed the moving average for the period of 200-days by -53.05% in comparison to the 20-day moving average, which settled at $3.82. In addition, VinFast Auto Ltd. saw -55.79% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for VFS
Current profitability levels for the company are sitting at:
- -1.25 for the present operating margin
- -0.45 for the gross margin
The net margin for VinFast Auto Ltd. stands at -1.85. The total capital return value is set at 3.1.
Based on VinFast Auto Ltd. (VFS), the company’s capital structure generated -0.95 points at debt to capital in total, while cash flow to debt ratio is standing at -0.68. The debt to equity ratio resting at -0.49. The interest coverage ratio of the stock is -2.77.
Currently, EBITDA for the company is -33.85 trillion with net debt to EBITDA at -2.16. When we switch over and look at the enterprise to sales, we see a ratio of 8.39. The receivables turnover for the company is 2.24for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.
Conclusion
To wrap up, the performance of VinFast Auto Ltd. (VFS) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
