Mill City Ventures III (NASDAQ:MCVT) Shares Down 3.8% - Time to Sell?

Key Points

• Shares of Mill City Ventures III (NASDAQ:MCVT) fell by 3.8% during trading, reaching a low of $6.50 and last trading at $7.17.
• The company's recent quarterly earnings showed an EPS of $0.10, with a net margin of 38.13% and a return on equity of 6.37%.
• With a market capitalization of $587.51 million, Mill City Ventures III focuses on investments in debt and equity securities for publicly and privately held companies.

Shares of Mill City Ventures III, Ltd. (NASDAQ:MCVT - Get Free Report) were down 3.8% during trading on Thursday . The company traded as low as $6.50 and last traded at $7.17. Approximately 780,378 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 8,164,604 shares. The stock had previously closed at $7.45.

Mill City Ventures III Price Performance

The business's 50 day moving average price is $3.10 and its 200 day moving average price is $2.28. The stock has a market capitalization of $587.51 million, a P/E ratio of 37.74 and a beta of 1.03.

Mill City Ventures III (NASDAQ:MCVT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.10 EPS for the quarter. Mill City Ventures III had a net margin of 38.13% and a return on equity of 6.37%.

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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