Vinco Ventures Inc. [NASDAQ: BBIG] gained 26.13% on the last trading session, reaching $4.20 price per share at the time. The company report on May 28, 2021 that Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media and Entertainment.
Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger.
Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow. announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. The following updates have been provided.
Vinco Ventures Inc. represents 27.43 million in outstanding shares, while the company has a total market value of $92.99 million with the latest information. BBIG stock price has been found in the range of $3.74 to $5.24.
If compared to the average trading volume of 5.11M shares, BBIG reached a trading volume of 125538260 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Vinco Ventures Inc. [BBIG]:
The Average True Range (ATR) for Vinco Ventures Inc. is set at 0.48, with the Price to Sales ratio for BBIG stock in the period of the last 12 months amounting to 6.33.
Trading performance analysis for BBIG stock
Vinco Ventures Inc. [BBIG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.27. With this latest performance, BBIG shares gained by 88.34% in over the last four-week period, additionally plugging by 183.78% over the last 6 months – not to mention a rise of 89.19% 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 69.03, with the RSI for the last a single of trading hit 72.92, and the three-weeks RSI is set at 65.70 for Vinco Ventures Inc. [BBIG]. The present Moving Average for the last 50 days of trading for this stock 2.71, while it was recorded at 3.35 for the last single week of trading, and 2.31 for the last 200 days.
Vinco Ventures Inc. [BBIG]: A deeper dive into fundamental analysis
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 1.40 and a Current Ratio set at 1.60.
An analysis of insider ownership at Vinco Ventures Inc. [BBIG]
There are presently around $9 million, or 7.30% of BBIG stock, in the hands of institutional investors. The top three institutional holders of BBIG stocks are: VANGUARD GROUP INC with ownership of 1,346,024, which is approximately 6498.157% of the company’s market cap and around 7.70% of the total institutional ownership; ROVIDA ADVISORS INC., holding 229,973 shares of the stock with an approximate value of $0.97 million in BBIG stocks shares; and VIRTU FINANCIAL LLC, currently with $0.6 million in BBIG stock with ownership of nearly New of the company’s market capitalization.
18 institutional holders increased their position in Vinco Ventures Inc. [NASDAQ:BBIG] by around 1,679,613 shares. Additionally, 3 investors decreased positions by around 101,475 shares, while 2 investors held positions by with 249,612 shares. The mentioned changes placed institutional holdings at 2,030,700 shares, according to the latest SEC report filing. BBIG stock had 14 new institutional investments in for a total of 345,760 shares, while 0 institutional investors sold positions of 0 shares during the same period.