Vivakor, Inc. (NASDAQ:VIVK – Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 184,300 shares, a drop of 36.9% from the March 31st total of 292,300 shares. Based on an average daily volume of 152,800 shares, the short-interest ratio is presently 1.2 days. Currently, 1.6% of the company’s stock are short sold.
Vivakor Stock Performance
VIVK stock opened at $1.35 on Friday. Vivakor has a 1 year low of $0.44 and a 1 year high of $1.84. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.74. The stock’s 50 day moving average price is $0.93 and its 200 day moving average price is $0.91.
Vivakor (NASDAQ:VIVK – Get Free Report) last posted its earnings results on Tuesday, April 16th. The company reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $13.87 million during the quarter. Vivakor had a negative net margin of 18.10% and a negative return on equity of 48.09%.
Insider Activity at Vivakor
Vivakor Company Profile
Vivakor, Inc operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas.
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