Vivakor, Inc. (NASDAQ:VIVK) CEO Acquires $33,600.00 in Stock

Vivakor, Inc. (NASDAQ:VIVK) CEO James H. Ballengee purchased 30,000 shares of the stock in a transaction dated Friday, April 19th. The shares were bought at an average cost of $1.12 per share, for a total transaction of $33,600.00. Following the completion of the purchase, the chief executive officer now owns 1,053,672 shares in the company, valued at $1,180,112.64. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Vivakor Trading Up 1.4 %

Shares of VIVK opened at $1.50 on Thursday. Vivakor, Inc. has a 12-month low of $0.44 and a 12-month high of $1.84. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.13 and a current ratio of 0.13. The company has a 50-day moving average of $0.91 and a two-hundred day moving average of $0.90.

Vivakor (NASDAQ:VIVK) last issued its quarterly earnings data on Tuesday, April 16th. The company reported ($0.18) earnings per share (EPS) for the quarter. Vivakor had a negative return on equity of 48.09% and a negative net margin of 18.10%. The company had revenue of $13.87 million for the quarter.

About Vivakor

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.