Mill City Ventures III (NASDAQ:MCVT) Stock Price Up 7%

Mill City Ventures III, Ltd. (NASDAQ:MCVTGet Free Report) shares shot up 7% during trading on Wednesday . The company traded as high as $2.89 and last traded at $2.89. 2,993 shares were traded during mid-day trading, a decline of 26% from the average session volume of 4,031 shares. The stock had previously closed at $2.70.

Mill City Ventures III Stock Performance

The stock has a 50 day moving average price of $2.64 and a 200 day moving average price of $2.61. The company has a market cap of $18.47 million, a P/E ratio of -22.23 and a beta of 0.17.

Mill City Ventures III (NASDAQ:MCVTGet Free Report) last announced its earnings results on Thursday, May 16th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $0.83 million for the quarter. Mill City Ventures III had a positive return on equity of 0.72% and a negative net margin of 25.37%.

Mill City Ventures III Company Profile

(Get Free Report)

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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