Vivakor Inc’s Market Journey: Closing Weak at 0.12, Down -5.06

Ulysses Smith

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of Vivakor Inc (NASDAQ: VIVK) was $0.12 for the day, down -5.06% from the previous closing price of $0.12. In other words, the price has decreased by -$5.06 from its previous closing price. On the day, 12.78 million shares were traded. VIVK stock price reached its highest trading level at $0.1226 during the session, while it also had its lowest trading level at $0.11.

Ratios:

Our analysis of VIVK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.12. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.16.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VIVK now has a Market Capitalization of 19101444 and an Enterprise Value of 60887128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 0.487 whereas that against EBITDA is -13.289.

Stock Price History:

The Beta on a monthly basis for VIVK is 1.03, which has changed by -0.91659975 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, VIVK has reached a high of $1.58, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is -49.61%, while the 200-Day Moving Average is calculated to be -82.37%.

Shares Statistics:

VIVK traded an average of 36.73M shares per day over the past three months and 23139080 shares per day over the past ten days. A total of 174.05M shares are outstanding, with a floating share count of 144.54M. Insiders hold about 16.96% of the company’s shares, while institutions hold 2.91% stake in the company. Shares short for VIVK as of 1763078400 were 14267382 with a Short Ratio of 0.39, compared to 1760486400 on 1258176. Therefore, it implies a Short% of Shares Outstanding of 14267382 and a Short% of Float of 12.0900005.

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