VinFast Auto (NASDAQ:VFSWW) Trading Down 5% – What’s Next?

VinFast Auto Ltd. (NASDAQ:VFSWWGet Free Report) traded down 5% on Thursday . The stock traded as low as $0.38 and last traded at $0.38. 694 shares traded hands during trading, a decline of 97% from the average session volume of 20,341 shares. The stock had previously closed at $0.40.

VinFast Auto Trading Down 5.0 %

The company has a fifty day moving average of $0.39 and a two-hundred day moving average of $0.47.

Institutional Investors Weigh In On VinFast Auto

An institutional investor recently bought a new position in VinFast Auto stock. Wolverine Asset Management LLC bought a new position in shares of VinFast Auto Ltd. (NASDAQ:VFSWWFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 56,765 shares of the company’s stock, valued at approximately $28,000.

VinFast Auto Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for VinFast Auto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VinFast Auto and related companies with MarketBeat.com's FREE daily email newsletter.