Mill City Ventures III, Ltd. (NASDAQ:MCVT – Get Free Report) shares rose 7% on Wednesday . The stock traded as high as $2.89 and last traded at $2.89. Approximately 2,993 shares were traded during trading, a decline of 26% from the average daily volume of 4,031 shares. The stock had previously closed at $2.70.
Mill City Ventures III Price Performance
The firm has a market capitalization of $18.47 million, a PE ratio of -22.23 and a beta of 0.17. The company’s fifty day simple moving average is $2.64 and its 200 day simple moving average is $2.61.
Mill City Ventures III (NASDAQ:MCVT – Get Free Report) last announced its quarterly earnings results on Thursday, May 16th. The company reported ($0.07) earnings per share (EPS) for the quarter. Mill City Ventures III had a positive return on equity of 0.72% and a negative net margin of 25.37%. The firm had revenue of $0.83 million during the quarter.
About Mill City Ventures III
Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies.
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