Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $1.35 in the prior trading day, Vivakor Inc (NASDAQ: VIVK) closed at $1.19, down -11.85%. In other words, the price has decreased by -$11.85 from its previous closing price. On the day, 0.88 million shares were traded. VIVK stock price reached its highest trading level at $1.44 during the session, while it also had its lowest trading level at $1.06.
Ratios:
Our goal is to gain a better understanding of VIVK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 0.81.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 24 ’24 when Ballengee James H. bought 47,500 shares for $1.59 per share. The transaction valued at 75,525 led to the insider holds 1,293,672 shares of the business.
Ballengee James H. bought 54,500 shares of VIVK for $78,480 on Apr 23 ’24. The Chief Executive Officer now owns 1,246,172 shares after completing the transaction at $1.44 per share. On Apr 22 ’24, another insider, Ballengee James H., who serves as the Chief Executive Officer of the company, bought 138,000 shares for $1.37 each. As a result, the insider paid 189,060 and bolstered with 1,191,672 shares of the company.
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 37408840 and an Enterprise Value of 65206600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is -27.182.
Stock Price History:
The Beta on a monthly basis for VIVK is 0.44, which has changed by 0.07207203 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, VIVK has reached a high of $1.84, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is 28.22%, while the 200-Day Moving Average is calculated to be 23.55%.
Shares Statistics:
The stock has traded on average 159.79K shares per day over the past 3-months and 266710 shares per day over the last 10 days, according to various share statistics. A total of 26.22M shares are outstanding, with a floating share count of 11.40M. Insiders hold about 58.87% of the company’s shares, while institutions hold 11.65% stake in the company. Shares short for VIVK as of 1713139200 were 184264 with a Short Ratio of 1.15, compared to 1710460800 on 47868. Therefore, it implies a Short% of Shares Outstanding of 184264 and a Short% of Float of 1.5599999999999998.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
