In yesterday’s Wall Street session, Vinco Ventures Inc. (NASDAQ:BBIG) shares traded at $1.72, down -8.51% from the previous session.
BBIG stock price is now -24.94% away from the 50-day moving average and -82.70% away from the 200-day moving average. The market capitalization of the company currently stands at $13.64M.
In other news, McFillin Phillip Anthony, Director sold 50,000 shares of the company’s stock on Aug 19. The stock was sold for $60,000 at an average price of $1.20. Upon completion of the transaction, the Director now directly owns 204,756 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 18, Director McFillin Phillip Anthony sold 75,000 shares of the business’s stock. A total of $107,752 was realized by selling the stock at an average price of $1.44. This leaves the insider owning 254,756 shares of the company worth $0.44 million. Insiders disposed of 125,000 shares of company stock worth roughly $0.21 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BBIG stock. A new stake in Vinco Ventures Inc. shares was purchased by JEFFERIES GROUP LLC during the first quarter worth $13,000. BENDER ROBERT & ASSOCIATES invested $7,000 in shares of BBIG during the first quarter. In the first quarter, TOROSO INVESTMENTS, LLC acquired a new stake in Vinco Ventures Inc. valued at approximately $2,000.
Monday morning saw Vinco Ventures Inc. (NASDAQ: BBIG) opened at $1.6100. During the past 12 months, Vinco Ventures Inc. has had a low of $1.12 and a high of $38.80. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.10, and a quick ratio of 1.10. The fifty day moving average price for BBIG is $2.2426 and a two-hundred day moving average price translates $9.8570 for the stock.
The latest earnings results from Vinco Ventures Inc. (NASDAQ: BBIG) was released for Sep, 2022. The company reported revenue of $5.56 million for the quarter, compared to $0.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2329.26 percent.
Vinco Ventures Inc.(BBIG) Company Profile
Vinco Ventures, Inc. develops and commercializes end-to-end consumer products in North America. It offers kitchenware, small appliances, toys, pet care, baby products, health and beauty aids, entertainment venue merchandise, and housewares to retailers, mass-market retailers, and e-commerce sites; and personal protective equipment to governmental agencies, hospitals, and distributors. The company also offers Lomotif app that allows its users to create their own music videos; Cortex, a real-time analytics for marketing spend and revenue optimization; and delivers ad-campaign creation, optimalization, and monetization at scale. In addition, it provides Non-Fungible Token, a platform for artists and content owners to distribute their intellectual property, and digital marketing services for brands and influencers. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Fairport, New York.
