Moreover, the 36-month beta value for VIVK is 0.44. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VIVK is 11.40M and currently, short sellers hold a 1.62% of that float. On April 30, 2024, VIVK’s average trading volume was 159.79K shares.
VIVK) stock’s latest price update
Vivakor Inc (NASDAQ: VIVK)’s stock price has dropped by -11.85 in relation to previous closing price of 1.35. Nevertheless, the company has seen a loss of -16.78% in its stock price over the last five trading days. Proactive Investors reported 2024-04-29 that Vivakor Inc (NASDAQ:VIVK) has reported impressive results for the financial year ended December 31, with both revenue and gross profit increasing and the company narrowing its operating and net losses when compared to the previous year. The oil remediation-focused clean energy technology company grew its revenue by 111% year-over-year to $59.3 million, with the increase attributed to realized oil and natural gas liquid sales from the operations of Silver Fuels Delhi acquired in 2022.
VIVK’s Market Performance
Vivakor Inc (VIVK) has seen a -16.78% fall in stock performance for the week, with a 50.59% gain in the past month and a 19.00% surge in the past quarter. The volatility ratio for the week is 22.77%, and the volatility levels for the past 30 days are at 16.90% for VIVK. The simple moving average for the past 20 days is 20.27% for VIVK’s stock, with a 23.55% simple moving average for the past 200 days.
VIVK Trading at 28.22% from the 50-Day Moving Average
After a stumble in the market that brought VIVK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.33% of loss for the given period.
Volatility was left at 16.90%, however, over the last 30 days, the volatility rate increased by 22.77%, as shares surge +53.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.22% upper at present.
During the last 5 trading sessions, VIVK fell by -16.78%, which changed the moving average for the period of 200-days by +2.59% in comparison to the 20-day moving average, which settled at $1.0101. In addition, Vivakor Inc saw 13.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VIVK starting from Ballengee James H., who purchase 47,500 shares at the price of $1.59 back on Apr 24 ’24. After this action, Ballengee James H. now owns 1,293,672 shares of Vivakor Inc, valued at $75,525 using the latest closing price.
Ballengee James H., the Chief Executive Officer of Vivakor Inc, purchase 54,500 shares at $1.44 during a trade that took place back on Apr 23 ’24, which means that Ballengee James H. is holding 1,246,172 shares at $78,480 based on the most recent closing price.
Stock Fundamentals for VIVK
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.1 for the gross margin
The net margin for Vivakor Inc stands at -0.31. The total capital return value is set at -0.11. Equity return is now at value -59.58, with -14.55 for asset returns.
Based on Vivakor Inc (VIVK), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 2.95. The interest coverage ratio of the stock is -1.88.
Currently, EBITDA for the company is -7.33 million with net debt to EBITDA at -8.91. When we switch over and look at the enterprise to sales, we see a ratio of 1.16. The receivables turnover for the company is 15.42for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
To wrap up, the performance of Vivakor Inc (VIVK) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
