Viking Energy Group (OTCMKTS:VKIN) Stock price crosses below the 50-day moving average of $0.54

Shares of Viking Energy Group, Inc. (OTCMKTS:VKIN – Get Rating) fell below its 50-day moving average during Thursday’s trading. The stock has a 50-day moving average of $0.54 and is trading as low as $0.37. Shares of Viking Energy Group last traded at $0.37, with volume traded at 19,165 shares.

The company has a current ratio of 0.67, a quick ratio of 0.47 and a debt ratio of 0.09. The company’s fifty-day moving average price is $0.54 and its 200-day moving average price is $0.61.

Viking Energy Group (OTCMKTS:VKIN – Get Rating) released its quarterly results for the last time on Tuesday, June 7. The company reported ($0.03) EPS for the quarter. The company had revenue of $5.92 million for the quarter. Viking Energy Group had a negative net margin of 26.09% and a negative return on equity of 10.72%.

Viking Energy Group Company Profile (OTCMKTS:VKIN)

Viking Energy Group, Inc, an exploration and production company, engages in the acquisition and development of oil and gas properties in North America. It manufactures and supplies power generation products, services and customized energy solutions; clean technology energy systems, including combined heat and power, final Tier 4 industrial diesel and natural gas engines, solar, wind and storage; designs and assembles electrical control equipment, such as switchgear, synchronization and paralleling, distribution, bi-fuel and complete power generation controls; and clean energy and carbon capture systems to generate clean electricity.

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