Vivakor (NASDAQ:VIVK) Posts Quarterly Earnings Results

Vivakor (NASDAQ:VIVK) posted its quarterly earnings data on Tuesday. The company reported ($0.17) earnings per share for the quarter, Zacks reports. Vivakor had a negative return on equity of 66.05% and a negative net margin of 17.30%.

Vivakor Trading Down 2.2%

Shares of VIVK stock traded down $0.02 during mid-day trading on Tuesday, hitting $0.77. The company’s stock had a trading volume of 14,909 shares, compared to its average volume of 52,067. The company’s fifty day simple moving average is $0.86 and its 200-day simple moving average is $1.07. Vivakor has a 52 week low of $0.55 and a 52 week high of $3.45. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.09 and a current ratio of 0.10. The company has a market cap of $34.23 million, a PE ratio of -1.79 and a beta of 1.06.

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.