VIZIO Holding Corp. (NYSE:VZIO) went up by 6.50% from its latest closing price compared to the recent 1-year high of $28.80. The company’s stock price has collected 15.09% of gains in the last five trading sessions. Press Release reported 19 hours ago that VIZIO Offers Media Buyers Fresh Look at TV Ad Innovations in Its First IAB NewFronts Presentation
Is It Worth Investing in VIZIO Holding Corp. (NYSE :VZIO) Right Now?
Opinions of the stock are interesting as 7 analysts out of 7 who provided ratings for VIZIO Holding Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $30.00, which is $2.02 above the current price. Today, the average trading volume of VZIO was 1.32M shares.
VZIO’s Market Performance
The volatility ratio for the week stands at 11.60% while the volatility levels for the past 30 days are set at 8.03% for VIZIO Holding Corp.. The simple moving average for the period of the last 20 days is 16.43% for VZIO stocks with a simple moving average of 17.61% for the last 200 days.
Analysts’ Opinion of VZIO
Many brokerage firms have already submitted their reports for VZIO stocks, with Wells Fargo repeating the rating for VZIO by listing it as a “Overweight.” The predicted price for VZIO in the upcoming period, according to Wells Fargo is $31 based on the research report published on April 19th of the current year 2021.
ROTH Capital, on the other hand, stated in their research note that they expect to see VZIO reach a price target of $29. The rating they have provided for VZIO stocks is “Buy” according to the report published on April 19th, 2021.
Piper Sandler gave a rating of “Overweight” to VZIO, setting the target price at $29 in the report published on April 19th of the current year.
VZIO Trading at 17.61% from the 50-Day Moving Average
After a stumble in the market that brought VZIO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.93% of loss for the given period.
Volatility was left at 8.03%, however, over the last 30 days, the volatility rate increased by 11.60%, as shares surge +17.51% for the moving average over the last 20 days.
During the last 5 trading sessions, VZIO rose by +15.09%, in comparison to the 20-day moving average, which settled at $23.72. In addition, VIZIO Holding Corp. saw 43.35% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at VZIO starting from WONG BEN BUN, who sale 90,381 shares at the price of $19.58 back on Mar 31. After this action, WONG BEN BUN now owns 5,431,820 shares of VIZIO Holding Corp., valued at $1,769,886 using the latest closing price.
WANG WILLIAM WEI, the Chief Executive Officer of VIZIO Holding Corp., sale 341,682 shares at $19.58 during a trade that took place back on Mar 31, which means that WANG WILLIAM WEI is holding 0 shares at $6,690,988 based on the most recent closing price.