VinFast Auto Ltd. (NASDAQ:VFSWW – Get Free Report) shares traded down 5.9% on Friday . The company traded as low as $0.32 and last traded at $0.32. Approximately 3,323 shares traded hands during trading, a decline of 77% from the average session volume of 14,704 shares. The stock had previously closed at $0.3402.
VinFast Auto Price Performance
The firm has a 50-day moving average of $0.39 and a 200-day moving average of $0.26.
VinFast Auto Company Profile
VinFast Auto Pte. Ltd., a subsidiary of Vietnam’s Vingroup JSC, is the nation’s first major automotive manufacturer and a rapidly growing player in the global electric vehicle (EV) market. Founded in 2017 and headquartered in Hai Phong, Vietnam, the company was established with the ambition of designing, developing and producing passenger vehicles that meet international quality and safety standards. VinFast has leveraged Vingroup’s financial and industrial backing to bring its first models to market within a remarkably short timeframe, positioning itself as a pioneer among new-generation EV brands.
The company’s core business revolves around the design, engineering, production and sale of EVs, including sport utility vehicles and electric buses.
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