The stock of VinFast Auto Ltd (NASDAQ: VFS) has increased by 5.07 when compared to last closing price of 4.04. Despite this, the company has experienced a 7.47% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-28 that MARKHAM, Ontario–(BUSINESS WIRE)–The VinFast VF 9 is an all-electric, seven-seater SUV poised to redefine the full-size segment in Canada. With its luxurious design, spacious interior, powerful performance, and a commitment to care and sustainability, the VF 9 embodies VinFast’s philosophy of love and innovation. As the demand for large SUVs continues to dominate the global automotive landscape, accounting for nearly half of car sales in 20231, an interesting paradox arises: while consumers s.
Is It Worth Investing in VinFast Auto Ltd (NASDAQ: VFS) Right Now?
The 36-month beta value for VFS is at 1.19. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VFS is 50.06M, and currently, shorts hold a 5.99% of that float. The average trading volume for VFS on December 04, 2024 was 788.85K shares.
VFS’s Market Performance
VFS’s stock has seen a 7.47% increase for the week, with a 14.42% rise in the past month and a 14.73% gain in the past quarter. The volatility ratio for the week is 4.75%, and the volatility levels for the past 30 days are at 4.48% for VinFast Auto Ltd The simple moving average for the last 20 days is 6.54% for VFS stock, with a simple moving average of 3.89% 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 8.84% 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 -51.65% of loss for the given period.
Volatility was left at 4.48%, however, over the last 30 days, the volatility rate increased by 4.75%, as shares surge +12.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.19% upper at present.
During the last 5 trading sessions, VFS rose by +6.68%, which changed the moving average for the period of 200-days by -19.12% in comparison to the 20-day moving average, which settled at $3.98. In addition, VinFast Auto Ltd saw -49.28% 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:
- -1.1 for the present operating margin
- -0.42 for the gross margin
The net margin for VinFast Auto Ltd stands at -1.61. The total capital return value is set at 2.45.
Based on VinFast Auto Ltd (VFS), the company’s capital structure generated -0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.56. The debt to equity ratio resting at -0.41. The interest coverage ratio of the stock is -2.48.
Currently, EBITDA for the company is -42.07 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 8.56. The receivables turnover for the company is 2.49for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.
Conclusion
In conclusion, VinFast Auto Ltd (VFS) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.
