GSA Capital Partners LLP Buys Shares of 11,529 VinFast Auto Ltd. (NASDAQ:VFS)

GSA Capital Partners LLP purchased a new position in shares of VinFast Auto Ltd. (NASDAQ:VFS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,529 shares of the company’s stock, valued at approximately $44,000.

Separately, Tidal Investments LLC boosted its stake in VinFast Auto by 18.7% during the first quarter. Tidal Investments LLC now owns 153,560 shares of the company’s stock valued at $763,000 after buying an additional 24,235 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald reiterated an “overweight” rating and issued a $6.00 price target on shares of VinFast Auto in a research report on Monday, September 30th.

VinFast Auto Price Performance

NASDAQ VFS opened at $3.93 on Tuesday. VinFast Auto Ltd. has a 1 year low of $2.26 and a 1 year high of $9.30. The business’s fifty day moving average is $3.86 and its two-hundred day moving average is $4.05.

VinFast Auto (NASDAQ:VFS) last announced its earnings results on Friday, September 20th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.09). The firm had revenue of $357.39 million during the quarter, compared to the consensus estimate of $583.76 million. On average, equities analysts anticipate that VinFast Auto Ltd. will post -1.13 earnings per share for the current fiscal year.

VinFast Auto Profile

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.