How have the shares performed?
Vinco Ventures Inc. (BBIG) saw downtrend of -0.75% in the recent trading with $2.63 being its most recent. The current price level -72.02% lower than the highest price of $9.40 marked by the stock while trading over the past 52-weeks, whereas it is 136.94% higher than the lowest price of $1.11 the company dropped to over past 52-weeks. The latest news story on BBIG appeared in PR Newswire under the title “Lomotif Partners With Grammy Award®-Winning Producer Teddy Riley, Launches Fan Based User Generated (UGC) Global Talent Search “You’ve Been Scouted”” on May-18-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -9.93% below one month high and is +31.50% above of the lowest during that time. Looking into the simple moving average, Vinco Ventures Inc. (BBIG)’s stock stands at a SMA-50 of $2.62 while that of 5-day is reading $2.47.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BBIG’s SMA-200 as of now is $2.32.
Vinco Ventures Inc. Earnings – What Happened With BBIG
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $983.0 million.
BBIG – Vinco Ventures Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 27.43 million. BBIG does have institutional investors; and they hold 2.10% of the stock.
Vinco Ventures Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, BBIG declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 31, 2021, Vanguard Group, Inc. (The) was the top most holder in Vinco Ventures Inc. (NASDAQ:BBIG) with an ownership of 1.35 million shares of the company or 4.91% of the stake worth $3.45 million. The filing also reveals Rovida Advisors Inc. as the second largest holder in the company with a control over 0.84% of the outstanding shares. Its stake is worth $0.59 million for having 0.23 million shares in hand.
Novare Capital Management also came holding a key position in the company during the recent quarter and it now holds 0.34% of the outstanding shares. With this there are now 22 institutions which have possession in BBIG’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Vinco Ventures Inc. was 0.47 while posting a debt to equity ratio of 0.64. The count was 20.89 for long-term debt to equity ratio.
Vinco Ventures Inc.’s return on equity, or ROE, is -58.20%, compared to the industry average of -5.37% for Consumer Cyclical – Leisure. Although this indicates that BBIG fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Vinco Ventures Inc. (NASDAQ:BBIG) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Vinco Ventures Inc. (BBIG), we notice that the stock’s 20-day average volume is at 3,228,390 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 3,418,074 shares. And to end, BBIG’s 100-day average volume is 4,647,735 shares with 50% of the long-term indicators pointing towards Buy for the stock.