Vivakor, Inc. (NASDAQ:VIVK – Get Free Report) CEO James H. Ballengee acquired 30,000 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The shares were acquired at an average cost of $1.12 per share, for a total transaction of $33,600.00. Following the purchase, the chief executive officer now directly owns 1,053,672 shares of the company’s stock, valued at $1,180,112.64. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Vivakor Stock Performance
Shares of NASDAQ VIVK opened at $1.48 on Wednesday. The firm’s 50 day moving average price is $0.90 and its 200-day moving average price is $0.90. Vivakor, Inc. has a 52-week low of $0.44 and a 52-week high of $1.50. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.74.
Vivakor (NASDAQ:VIVK – Get Free Report) last issued its earnings results on Tuesday, April 16th. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $13.87 million during the quarter. Vivakor had a negative return on equity of 48.09% and a negative net margin of 18.10%.
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.
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