Vivakor Inc. [VIVK] is -52.95% lower this YTD. Is it still time to buy?

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Vivakor Inc. [NASDAQ: VIVK] traded at a high on 04/27/22, posting a 113.45 gain after which it closed the day’ session at $3.65. The company report on April 27, 2022 that Vivakor Awarded Contract for Sale of Asphalt from its Utah Facility.

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The results of the trading session contributed to over 80327232 shares changing hands. Over the past one week, the price volatility of Vivakor Inc. stands at 19.90% while the volatility over the past one month is 12.79%.

The market cap for VIVK stock reached $1.23 billion, with 335.88 million shares outstanding and 7.83 million shares in the current float. Compared to the average trading volume of 181.38K shares, VIVK reached a trading volume of 80327232 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Vivakor Inc. [VIVK]?

The Average True Range (ATR) for Vivakor Inc. is set at 0.42, with the Price to Sales ratio for VIVK stock in the period of the last 12 months amounting to 1090.25. The Price to Book ratio for the last quarter was 55.30.

How has VIVK stock performed recently?

Vivakor Inc. [VIVK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 87.18. With this latest performance, VIVK shares gained by 63.68% in over the last four-week period, additionally sinking by -56.50% over the last 6 months – not to mention a drop of -63.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VIVK stock in for the last two-week period is set at 71.24, with the RSI for the last a single of trading hit 82.07, and the three-weeks RSI is set at 60.32 for Vivakor Inc. [VIVK]. The present Moving Average for the last 50 days of trading for this stock 2.4000, while it was recorded at 2.2300 for the last single week of trading, and 7.1200 for the last 200 days.

Vivakor Inc. [VIVK]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Vivakor Inc. [VIVK] shares currently have an operating margin of -636.32 and a Gross Margin at -130.90. Vivakor Inc.’s Net Margin is presently recorded at -503.86.

Return on Equity for this stock declined to -23.18, with Return on Assets sitting at -12.24.