General Enterprise Ventures (OTCMKTS:GEVI) Stock Price Down 2% – Should You Sell?

General Enterprise Ventures, Inc. (OTCMKTS:GEVIGet Free Report) shares dropped 2% during trading on Tuesday . The company traded as low as $9.80 and last traded at $9.80. Approximately 1,884 shares changed hands during trading, a decline of 83% from the average daily volume of 11,337 shares. The stock had previously closed at $10.00.

General Enterprise Ventures Stock Down 2.0%

The firm has a market cap of $171.99 million, a price-to-earnings ratio of -3.33 and a beta of 6.13. The business has a 50 day moving average of $5.54 and a 200 day moving average of $2.99.

General Enterprise Ventures (OTCMKTS:GEVIGet Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.10) EPS for the quarter. The company had revenue of $0.69 million for the quarter. General Enterprise Ventures had a negative net margin of 1,377.37% and a negative return on equity of 632.45%.

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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