Vivakor (NASDAQ:VIVK) Announces Earnings Results

Vivakor (NASDAQ:VIVK) announced its quarterly earnings results on Tuesday. The company reported ($0.24) earnings per share for the quarter, Zacks reports. Vivakor had a negative net margin of 17.30% and a negative return on equity of 66.05%.

Vivakor Price Performance

Shares of Vivakor stock traded down $0.07 on Tuesday, reaching $0.78. The stock had a trading volume of 34,197 shares, compared to its average volume of 60,160. The business’s 50 day moving average is $0.83 and its two-hundred day moving average is $1.17. The company has a current ratio of 0.10, a quick ratio of 0.09 and a debt-to-equity ratio of 0.44. Vivakor has a 1 year low of $0.55 and a 1 year high of $3.45. The company has a market cap of $31.86 million, a P/E ratio of -1.81 and a beta of 1.10.

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.