General Enterprise Ventures (OTCMKTS:GEVI) Stock Price Down 0.7% – What’s Next?

General Enterprise Ventures, Inc. (OTCMKTS:GEVI)’s stock price traded down 0.7% during trading on Wednesday . The company traded as low as $7.12 and last traded at $7.6925. 5,828 shares were traded during mid-day trading, a decline of 37% from the average session volume of 9,196 shares. The stock had previously closed at $7.75.

General Enterprise Ventures Stock Performance

The business has a 50-day moving average of $8.24 and a two-hundred day moving average of $4.56. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.44 and a quick ratio of 2.28. The company has a market cap of $135.00 million, a P/E ratio of -2.26 and a beta of 8.84.

General Enterprise Ventures (OTCMKTS:GEVI) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.42) earnings per share for the quarter. The business had revenue of $0.29 million for the quarter. General Enterprise Ventures had a negative return on equity of 542.74% and a negative net margin of 1,614.64%.

About General Enterprise Ventures

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.