Vinco Ventures Inc (BBIG) stock has gained 20.05% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 has gained 11.97% while the S&P 500 is lower by -1.23% as of 10:11 AM on Tuesday, Feb 23. BBIG is up $0.48 from the previous closing price of $4.01 on volume of 13,264,755 shares. Over the past year the S&P 500 has gained 18.69% while BBIG is up 73.36%. BBIG lost -$1.38 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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