This is What Makes VinFast Auto Ltd. Stocks A Gamechanger?

VinFast Auto Ltd. [VFS] stock is trading at $4.85, down -1.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The VFS shares have gain 12.27% over the last week, with a monthly amount glided 24.04%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

VinFast Auto Ltd. [NASDAQ: VFS] stock has seen the most recent analyst activity on January 03, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $10. Previously, Wedbush started tracking the stock with Outperform rating on November 21, 2023, and set its price target to $12. On November 01, 2023, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $7 on the stock. Chardan Capital Markets started tracking the stock assigning a Buy rating.

VinFast Auto Ltd. [VFS] stock has fluctuated between $2.26 and $93.00 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. VinFast Auto Ltd. [NASDAQ: VFS] shares were valued at $4.85 at the most recent close of the market. An investor can expect a potential return of 34.02% based on the average VFS price forecast.

Analyzing the VFS fundamentals

Gross Profit Margin for this corporation currently stands at -0.38% with Operating Profit Margin at -1.16%, Pretax Profit Margin comes in at -1.71%, and Net Profit Margin reading is -1.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is 0.4 and Total Capital is 2.79. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.51.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.72 points at the first support level, and at 4.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.99, and for the 2nd resistance point, it is at 5.12.

Ratios To Look Out For

For context, VinFast Auto Ltd.’s Current Ratio is 0.47. On the other hand, the Quick Ratio is 0.16, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 16.49.

Related Posts