Vinco Ventures Inc. (BBIG) Price Target: Is It Set To Rise Or Fall In Price?

Vinco Ventures Inc. (NASDAQ:BBIG) finished Wednesday with an addition of $0.42 to close at $6.81, an upside of 6.57 percent. An average of 50,614,840 shares of common stock have been traded in the last five days. There was a gain of $1.80 in the past week. The last 20 days have seen an average of 40,676,926 shares traded, while the 50-day average volume stands at 62,270,465.

BBIG stock has decreased by -14.34% in the last month. The company shares reached their 1-month lowest point of $4.77 on 10/06/21. With the stock rallying to its 52-week high on 09/08/21, shares of the company touched a low of $1.11 and a high of $12.49 in 52 weeks. In spite of this, the price is down -45.48% from the 52-week high.


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Valuation Metrics

Vinco Ventures Inc. (BBIG) has a trailing price-to-earnings (P/E) ratio of 21.70 for the broader industry and 31.09 for the sector. The stock’s beta is 0.55. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 67.25.

The quick ratio of Vinco Ventures Inc. for the recent quarter was 9.00, and the current ratio was 9.10, indicating that the company is able to meet its debt obligations. On the profitability front, the trailing 12-month gross margin is 28.80% against a 5-year average of 30.1%. Vinco Ventures Inc.’s EBITDA margin is -37.65%.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vinco Ventures Inc.’s return on assets was -457.90%, compared to -11.9% over the last five years. In the past year, the return on investment has been -12.90%, and the 5-year average is -13.9%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Vinco Ventures Inc. (BBIG) price momentum. RSI 9-day as of the close on 13 October was 58.38%, suggesting the stock is Neutral, with historical volatility in this time frame at 135.79%.

As of today, BBIG’s price is $5.78 +35.93% or $1.80 from its 5-day moving average. BBIG is currently trading -16.44% lower than its 20-day SMA and +80.64% higher than its 100-day SMA. However, the stock’s current price level is +121.82% above the SMA50 and +357.05% above the SMA200.

The stochastic %K and %D were 47.68% and 30.06%, respectively, and the average true range (ATR) was 0.91. With the 14-day stochastic at 69.15% and the average true range at 0.99, the RSI (14) stands at 54.68%. The stock has reached 0.46 on the 9-day MACD Oscillator while the 14-day reading was at 0.22.

Analyst Ratings

The consensus rating for Vinco Ventures Inc. (BBIG) among analysts is -. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BBIG, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

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