General Enterprise Ventures (OTCMKTS:GEVI) Stock Price Down 2.7% – Here’s What Happened

General Enterprise Ventures, Inc. (OTCMKTS:GEVIGet Free Report) dropped 2.7% on Tuesday . The company traded as low as $1.77 and last traded at $1.80. Approximately 89,349 shares changed hands during trading, an increase of 57% from the average daily volume of 56,896 shares. The stock had previously closed at $1.85.

General Enterprise Ventures Trading Down 2.7%

The stock has a market cap of $113.47 million, a P/E ratio of -22.50 and a beta of 6.55. The firm has a 50-day simple moving average of $1.56 and a two-hundred day simple moving average of $1.15.

General Enterprise Ventures (OTCMKTS:GEVIGet Free Report) last posted its quarterly earnings data on Tuesday, May 20th. The company reported ($0.23) earnings per share for the quarter. General Enterprise Ventures had a negative return on equity of 162.24% and a negative net margin of 544.66%. The firm had revenue of $0.97 million for the quarter.

About General Enterprise Ventures

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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.

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