The latest trade, Performances and Moving Averages give us the following Picture
The share price of VinFast Auto Ltd. (NASDAQ:VFS) raised 4.04% to close Friday’s market session at $17.53, higher as compared to yesterday’s close. The stock price fluctuated between $16.50 and $17.88 throughout the trading session with the volume trading being 3796231 shares, which represented a significant variation when compared to the three months average volume of 2.88 million shares. The firm’s stock price fluctuated 2.22% within the last five trades and -41.78% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 72.54% in the last 6 months and 69.37% was added to its value over the previous 3 months. VFS stock is trading at a margin of -44.54%, -12.86% and 38.57% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, VFS deals in the Consumer Cyclical domain. The stock is trading -81.15 percent below its 52-week high and 92.42 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -1.1. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does VinFast Auto Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $40.44 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for VinFast Auto Ltd. (NASDAQ:VFS) is 95.79. The firm managed a Price-to-Book ratio of 2.19, which equates the market value of a stock with its book value.