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General Enterprise Ventures (OTCMKTS:GEVI) Stock Price Up 1% - Still a Buy?

General Enterprise Ventures logo with Construction background

Shares of General Enterprise Ventures, Inc. (OTCMKTS:GEVI - Get Free Report) rose 1% on Wednesday . The company traded as high as $1.99 and last traded at $1.99. Approximately 106,082 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 72,284 shares. The stock had previously closed at $1.97.

General Enterprise Ventures Trading Up 0.1%

The business has a 50-day moving average price of $1.79 and a 200-day moving average price of $1.28. The firm has a market cap of $131.64 million, a P/E ratio of -6.22 and a beta of 6.37.

General Enterprise Ventures (OTCMKTS:GEVI - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported ($0.23) earnings per share (EPS) for the quarter. General Enterprise Ventures had a negative return on equity of 424.18% and a negative net margin of 1,060.52%. The firm had revenue of $0.97 million for the quarter.

General Enterprise Ventures Company Profile

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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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