Vinco Ventures Inc. [NASDAQ: BBIG] traded at a low on 09/14/21, posting a -17.10 loss after which it closed the day’ session at $7.95. The company report on September 8, 2021 that Vinco Ventures, Inc. Announces 2021 Annual Proxy.
Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow. announce the company’s 2021 Annual Proxy details and provides a corporate update in a new investor presentation.
Please review the enclosed presentation for more details.
The results of the trading session contributed to over 68968562 shares changing hands. Over the past one week, the price volatility of Vinco Ventures Inc. stands at 17.81% while the volatility over the past one month is 25.71%.
The market cap for BBIG stock reached $577.81 million, with 35.83 million shares outstanding. Compared to the average trading volume of 41.39M shares, BBIG reached a trading volume of 68968562 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Vinco Ventures Inc. [BBIG]?
The Average True Range (ATR) for Vinco Ventures Inc. is set at 1.48, with the Price to Sales ratio for BBIG stock in the period of the last 12 months amounting to 55.03.
How has BBIG stock performed recently?
Vinco Ventures Inc. [BBIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.70. With this latest performance, BBIG shares gained by 175.09% in over the last four-week period, additionally plugging by 190.15% over the last 6 months – not to mention a rise of 351.70% 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 57.89, with the RSI for the last a single of trading hit 53.11, and the three-weeks RSI is set at 59.44 for Vinco Ventures Inc. [BBIG]. The present Moving Average for the last 50 days of trading for this stock 4.52, while it was recorded at 9.79 for the last single week of trading, and 3.24 for the last 200 days.
Vinco Ventures Inc. [BBIG]: Deeper insight into the 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 9.00 and a Current Ratio set at 9.10.
Insider trade positions for Vinco Ventures Inc. [BBIG]
There are presently around $35 million, or 6.30% of BBIG stock, in the hands of institutional investors. The top three institutional holders of BBIG stocks are: VANGUARD GROUP INC with ownership of 953,129, which is approximately -29.189% of the company’s market cap and around 13.79% of the total institutional ownership; SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 415,676 shares of the stock with an approximate value of $3.31 million in BBIG stocks shares; and BLACKROCK INC., currently with $2.9 million in BBIG stock with ownership of nearly New of the company’s market capitalization.
38 institutional holders increased their position in Vinco Ventures Inc. [NASDAQ:BBIG] by around 3,016,744 shares. Additionally, 10 investors decreased positions by around 560,596 shares, while 6 investors held positions by with 778,896 shares. The mentioned changes placed institutional holdings at 4,356,236 shares, according to the latest SEC report filing. BBIG stock had 31 new institutional investments in for a total of 2,362,020 shares, while 3 institutional investors sold positions of 30,416 shares during the same period.