The market has been high on Vinco Ventures Inc (BBIG) stock recently. BBIG gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With BBIG Stock Today?
Vinco Ventures Inc (BBIG) stock is higher by 5.67% while the S&P 500 has fallen -0.09% as of 10:00 AM on Tuesday, Jun 8. BBIG is up $0.25 from the previous closing price of $4.41 on volume of 8,128,312 shares. Over the past year the S&P 500 has risen 30.64% while BBIG is up 105.29%. BBIG lost -$3.96 per share in the over the last 12 months.
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More About Vinco Ventures Inc
Edison Nation Inc provides toy products as well as sell packaging and packaging materials. The firm has two reportable segments namely SRM and Fergco's : SRM segment engages in design, manufacture and sale of a broad variety of innovative toy products sold directly to retailers or direct to consumers via e-commerce,the Fergco segment design, manufacture and sale packaging and packaging materials to industrial and pharmaceutical companies.
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