Shares of Vivakor, Inc. (OTCMKTS:VIVKD – Free Report) are set to reverse split on the morning of Monday, October 5th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, October 4th.
Vivakor Stock Down 86.8%
VIVKD traded down $1.92 on Thursday, hitting $0.29. Vivakor has a fifty-two week low of $1.02 and a fifty-two week high of $260.00. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.39. The stock has a market cap of $605,924.00, a P/E ratio of -0.00 and a beta of 0.73. The company has a 50 day simple moving average of $1.09 and a 200 day simple moving average of $18.56.
Vivakor Company Profile
Vivakor, Inc is an environmental technology and energy company focused on the remediation, processing and recovery of hydrocarbons from contaminated materials. Its business is centered on technologies designed to treat petroleum-contaminated soil and other waste streams while recovering usable hydrocarbons and producing cleaner residual materials.
The company has developed remediation processing centers and related equipment intended to support the collection, processing and reuse of contaminated soil.
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