Vivakor (NASDAQ:VIVK) Posts Quarterly Earnings Results

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

Vivakor Stock Down 2.2%

Shares of VIVK traded down $0.02 during trading hours on Tuesday, hitting $0.77. The stock had a trading volume of 14,909 shares, compared to its average volume of 52,067. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.10 and a quick ratio of 0.09. The firm has a 50 day simple moving average of $0.86 and a 200-day simple moving average of $1.07. The firm has a market capitalization of $34.23 million, a P/E ratio of -1.79 and a beta of 1.06. Vivakor has a 1-year low of $0.55 and a 1-year high of $3.45.

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.