Market cap of Vinco Ventures Inc. [BBIG] reaches 206.77M – now what?


Vinco Ventures Inc. [NASDAQ: BBIG] loss -3.74% or -0.04 points to close at $1.03 with a heavy trading volume of 7689398 shares. The company report on July 14, 2022 that Vinco Ventures Appoints Ted Farnsworth as Co-CEO.

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Ted Farnsworth, Co-Founder of ZASH Global Media and Entertainment, to Lead Alongside Lisa King as Co-CEO.

Vinco Ventures, Inc. (Nasdaq: BBIG) (“Vinco Ventures,” “Vinco,” or the “Company”), a digital media and content technologies holding company, today announced the appointment of Ted Farnsworth as co-Chief Executive Officer alongside Lisa King, current CEO of Vinco Ventures, effective June 8, 2022. Mr. Farnsworth and Ms. King will lead the Company as co-CEOs.

It opened the trading session at $1.07, the shares rose to $1.10 and dropped to $1.03, the range by which the price of stock traded the whole day. The daily chart for BBIG points out that the company has recorded -57.10% loss over the past six months. However, it is still -4.04% lower than its most recent low trading price.

If we look at the average trading volume of 25.76M shares, BBIG reached to a volume of 7689398 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 0.10, with the Price to Sales ratio for BBIG stock in the period of the last 12 months amounting to 11.00.

Trading performance analysis for BBIG stock

Vinco Ventures Inc. [BBIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.83. With this latest performance, BBIG shares dropped by -26.85% in over the last four-week period, additionally sinking by -57.10% over the last 6 months – not to mention a drop of -54.80% 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 33.59, with the RSI for the last a single of trading hit 23.02, and the three-weeks RSI is set at 30.06 for Vinco Ventures Inc. [BBIG]. The present Moving Average for the last 50 days of trading for this stock 2.0872, while it was recorded at 1.0420 for the last single week of trading, and 3.1388 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 -780.97 and a Gross Margin at -12.87. Vinco Ventures Inc.’s Net Margin is presently recorded at -7231.48.

Return on Equity for this stock declined to -1,099.12, with Return on Assets sitting at -326.92.

Vinco Ventures Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.30 and a Current Ratio set at 4.30.

An analysis of insider ownership at Vinco Ventures Inc. [BBIG]

There are presently around $26 million, or 21.80% of BBIG stock, in the hands of institutional investors. The top three institutional holders of BBIG stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 6,219,271, which is approximately 1161.277% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 5,530,071 shares of the stock with an approximate value of $5.92 million in BBIG stocks shares; and BLACKROCK INC., currently with $2.94 million in BBIG stock with ownership of nearly 22.013% of the company’s market capitalization.

52 institutional holders increased their position in Vinco Ventures Inc. [NASDAQ:BBIG] by around 11,090,062 shares. Additionally, 40 investors decreased positions by around 4,028,191 shares, while 13 investors held positions by with 9,505,264 shares. The mentioned changes placed institutional holdings at 24,623,517 shares, according to the latest SEC report filing. BBIG stock had 18 new institutional investments in for a total of 1,399,622 shares, while 23 institutional investors sold positions of 2,638,095 shares during the same period.