Should You Sell Vivakor Inc (VIVK) And Go Away This Year?

Vivakor Inc (NASDAQ:VIVK) currently has a daily average trading volume of 43.88K but it saw 192179 shares traded in last market. With a market cap of 42.72M USD, the company’s current market price of $0.96 came falling about -1.02 while comparing to the previous closing price of $0.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.45 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $0.862 while lowest mark touched by it was $1.12.

Taking a look at 20-day trading activity of Vivakor Inc (VIVK) gives us an average price of $0.8395, while its current price level is -72.22% below from 52-week high level whereas it is 74.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8411 while that of 200 days or SMA-200 reads an average of $1.4391. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.08% during that period while stretching the period over a month that decreases to 19.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.91 which implies that the stock is in neutral territory.

Over the week, VIVK’s stock price is moving 19.80% up while it is 1.33% when we observe its performance for the past one month. Year-to-date it is -21.45% down and over the past year, the stock is showing an upside performance of 18.83%.

Currently, Vivakor Inc’s total number of outstanding shares is 41.71M. Company’s return on investment (ROI) stands at -16.87% and return on equity (ROE) at -32.53%. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 0.34 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is -14.21% on average.