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Mill City Ventures III (NASDAQ:MCVT) Issues Earnings Results

Mill City Ventures III logo with Finance background

Key Points

  • Mill City Ventures III reported an earnings per share of $0.10 for the quarter, with a net margin of 45.43%.
  • The company's revenue for the quarter was $0.95 million, with a return on equity of 7.06%.
  • Mill City Ventures III stock is currently trading at $7.30, up 1.8% from the previous day, with a market cap of $598.16 million.
  • Want stock alerts on Mill City Ventures III? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Mill City Ventures III (NASDAQ:MCVT - Get Free Report) announced its quarterly earnings results on Thursday, August 14th. The company reported $0.10 earnings per share for the quarter, Zacks reports. The business had revenue of $0.95 million for the quarter. Mill City Ventures III had a return on equity of 7.01% and a net margin of 45.43%.

Mill City Ventures III Stock Performance

Shares of MCVT traded down $0.18 during midday trading on Thursday, hitting $5.82. 317,261 shares of the stock traded hands, compared to its average volume of 8,324,451. The business's 50 day moving average price is $3.54 and its two-hundred day moving average price is $2.39. The firm has a market capitalization of $477.88 million, a PE ratio of 28.57 and a beta of 1.03. Mill City Ventures III has a 1-year low of $1.13 and a 1-year high of $8.66.

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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Earnings History for Mill City Ventures III (NASDAQ:MCVT)

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