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
(
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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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