Is Vinco Ventures Inc. (BBIG) A Good Investment?

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Vinco Ventures Inc. (NASDAQ:BBIG) finished Thursday with a subtraction of $0.0 to close at $0.90, a downside of -0.98 percent. An average of 8,825,680 shares of common stock have been traded in the last five days. There was a fall of -$0.1840 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 13,987,285 shares traded, while the 50-day average volume stands at 22,088,293.

BBIG stock has increased by 0.09% in the last month. The company shares reached their 1-month lowest point of $0.8700 on 08/23/22. With the stock rallying to its 52-week high on 01/18/22, shares of the company touched a low of $0.67 and a high of $6.16 in 52 weeks. It has reached a new high 5 times so far this year and lost -44.65% or -$1.4840 in price. In spite of this, the price is down -85.46% from the 52-week high.


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Insider Transactions

35 days have passed since Vinco Ventures Inc. (BBIG) last reported insider trading activity. McFillin Phillip Anthony, who is Director, most recently acquired $50,000 shares at $1.20 per share on Aug 19. In this transaction, the insider spent $60,000. Director, McFillin Phillip Anthony, disposed of 75,000 shares at a price of $1.44 on Aug 18. The insider now owns more than $107,752 worth of shares. Prior to that, Director McFillin Phillip Anthony went on to Sale 100,000 shares at $5.00 each on Jan 18. An amount of $500,500 was transacted.

Valuation Metrics

Vinco Ventures Inc. (BBIG) stock’s beta is 0.17. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 10.32.

Financial Health

The quick ratio of Vinco Ventures Inc. for the recent quarter was 4.30, and the current ratio was 4.30, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $2.48 million compared to revenue of $9.79 million.

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 -300.20%.

Earnings Surprise

For the recent quarter, Vinco Ventures Inc. had $0.22 million in cash and short-term investments compared to $0.11 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$372.95 million in the quarter, while revenues of $75.43 million were grew 83.25%. Shareholders own equity worth $210.59 million.

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 22 September was 38.72%, suggesting the stock is Neutral, with historical volatility in this time frame at 92.63%.

As of today, BBIG’s price is $0.9539 -17.04% or -$0.1840 from its 5-day moving average. BBIG is currently trading -12.16% lower than its 20-day SMA and -62.67% lower than its 100-day SMA. However, the stock’s current price level is -29.45% below the SMA50 and -73.17% below the SMA200.

The stochastic %K and %D were 12.97% and 21.03%, respectively, and the average true range (ATR) was 0.1106. With the 14-day stochastic at 4.30% and the average true range at 0.1248, the RSI (14) stands at 42.35%. The stock has reached -0.0918 on the 9-day MACD Oscillator while the 14-day reading was at -0.0655.

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