General Enterprise Ventures (OTCMKTS:GEVI) Announces Earnings Results

Key Points

• General Enterprise Ventures reported a quarterly earnings loss of ($0.10) EPS with a negative return on equity of 424.18% and a negative net margin of 1,060.52%.
• The company's stock price decreased by $0.06 to reach $1.08 during Thursday's trading, with a market cap of $71.88 million.
• General Enterprise Ventures specializes in wildfire prevention systems and has experienced a 12-month stock price range of $0.47 to $2.15.

General Enterprise Ventures (OTCMKTS:GEVI - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.10) EPS for the quarter, Zacks reports. General Enterprise Ventures had a negative return on equity of 424.18% and a negative net margin of 1,060.52%.

General Enterprise Ventures Price Performance

General Enterprise Ventures stock traded down $0.06 during trading hours on Thursday, reaching $1.08. The company had a trading volume of 49,750 shares, compared to its average volume of 69,609. The company has a 50-day moving average price of $1.70 and a 200 day moving average price of $1.43. The firm has a market cap of $71.88 million, a price-to-earnings ratio of -3.37 and a beta of 6.61. General Enterprise Ventures has a 12-month low of $0.47 and a 12-month high of $2.15.

General Enterprise Ventures Company Profile

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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