VinFast Auto Ltd. (NASDAQ:VFSWW – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $0.27 and traded as low as $0.23. VinFast Auto shares last traded at $0.2525, with a volume of 2,001 shares trading hands.
VinFast Auto Trading Down 10.7%
The firm’s fifty day simple moving average is $0.23 and its 200 day simple moving average is $0.27.
Institutional Investors Weigh In On VinFast Auto
An institutional investor recently bought a new stake in VinFast Auto stock. Tidal Investments LLC bought a new position in shares of VinFast Auto Ltd. (NASDAQ:VFSWW – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 433,985 shares of the company’s stock, valued at approximately $156,000.
VinFast Auto Company Profile
VinFast Auto Ltd. is a Vietnam-based vehicle manufacturer that designs and produces electric vehicles and related mobility products. Its lineup includes electric cars, electric scooters and electric buses, along with charging and battery-related services. Founded in 2017 as part of Vingroup, VinFast is headquartered in Vietnam and manufactures vehicles at its facility in Hai Phong. The company serves customers in Vietnam and has expanded its sales and distribution into markets including North America, Europe and parts of Asia.
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