Vinco Ventures Inc. [BBIG] Revenue clocked in at $19.20 million, up 62.04% YTD: What’s Next?

Vinco Ventures Inc. [NASDAQ: BBIG] price surged by 4.72 percent to reach at $0.1. The company report on April 21, 2021 that Vinco Ventures Disrupts NFT Technology with Launch of E-NFT’s.

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Vinco Ventures’ subsidiary EVNT Platform, LLC to Bring Full-Scale, 3D NFT’s to Entertainment Market, Businesses, and Global Brands.

Vinco Ventures, Inc. (NASDAQ: BBIG), announces the launch of subsidiary EVNT Platform, LLC. (DBA Emmersive Entertainment), poised to disrupt the NFT Market. EVNT Platform acquired software assets from, celebrity backed, Emmersive Entertainment, Inc. (a Delaware Corporation) and will be led by industry pioneers and Emmersive Entertainment, Inc. Co-Founders, David J Kovacs, International Superstar Flo Rida, and Erik Hicks. EVNT Platform will combine the proprietary technology with celebrity audiences to create a revolutionary E-NFT experience.

A sum of 26534667 shares traded at recent session while its average daily volume was at 6.37M shares. Vinco Ventures Inc. shares reached a high of $2.57 and dropped to a low of $2.11 until finishing in the latest session at $2.22.

Guru’s Opinion on Vinco Ventures Inc. [BBIG]:

The Average True Range (ATR) for Vinco Ventures Inc. is set at 0.39, with the Price to Sales ratio for BBIG stock in the period of the last 12 months amounting to 2.25. The Price to Book ratio for the last quarter was 1.76, with the Price to Cash per share for the same quarter was set at 0.02.

BBIG Stock Performance Analysis:

Vinco Ventures Inc. [BBIG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.91. With this latest performance, BBIG shares dropped by -34.32% in over the last four-week period, additionally plugging by 28.32% over the last 6 months – not to mention a rise of 4.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BBIG stock in for the last two-week period is set at 39.95, with the RSI for the last a single of trading hit 38.85, and the three-weeks RSI is set at 42.22 for Vinco Ventures Inc. [BBIG]. The present Moving Average for the last 50 days of trading for this stock 2.94, while it was recorded at 2.13 for the last single week of trading, and 2.44 for the last 200 days.

Insight into Vinco Ventures Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Vinco Ventures Inc. [BBIG] shares currently have an operating margin of -50.07 and a Gross Margin at +27.74. Vinco Ventures Inc.’s Net Margin is presently recorded at -36.45.

Return on Total Capital for BBIG is now -43.87, given the latest momentum, and Return on Invested Capital for the company is -38.88. Return on Equity for this stock declined to -49.62, with Return on Assets sitting at -22.28. When it comes to the capital structure of this company, Vinco Ventures Inc. [BBIG] has a Total Debt to Total Equity ratio set at 52.45. Additionally, BBIG Total Debt to Total Capital is recorded at 34.40, with Total Debt to Total Assets ending up at 28.85. Long-Term Debt to Equity for the company is recorded at 20.89, with the Long-Term Debt to Total Capital now at 13.70.

Reflecting on the efficiency of the workforce at the company, Vinco Ventures Inc. [BBIG] managed to generate an average of -$338,395 per employee. Receivables Turnover for the company is 8.14 with a Total Asset Turnover recorded at a value of 0.61.Vinco Ventures Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.

Vinco Ventures Inc. [BBIG] Insider Position Details

There are presently around $1 million, or 2.40% of BBIG stock, in the hands of institutional investors. The top three institutional holders of BBIG stocks are: ROVIDA ADVISORS INC. with ownership of 329,973, which is approximately 0% of the company’s market cap and around 11.30% of the total institutional ownership; NOVARE CAPITAL MANAGEMENT LLC, holding 93,409 shares of the stock with an approximate value of $0.2 million in BBIG stocks shares; and VANGUARD GROUP INC, currently with $43000.0 in BBIG stock with ownership of nearly 0% of the company’s market capitalization.

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3 institutional holders increased their position in Vinco Ventures Inc. [NASDAQ:BBIG] by around 96,493 shares. Additionally, 5 investors decreased positions by around 50,928 shares, while 3 investors held positions by with 304,066 shares. The mentioned changes placed institutional holdings at 451,487 shares, according to the latest SEC report filing. BBIG stock had 2 new institutional investments in for a total of 93,909 shares, while 2 institutional investors sold positions of 48,610 shares during the same period.

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