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

Mill City Ventures III logo with Finance background

Key Points

  • Mill City Ventures III shares gapped down from a previous closing price of $7.45 to open at $6.56, with a latest trading figure at $7.28.
  • The company reported $0.06 earnings per share (EPS) for the last quarter, with revenues of $0.78 million and a net margin of 38.13%.
  • Mill City Ventures III has a market capitalization of $587.02 million and a PE ratio of 37.50, indicating its valuation in the market.
  • 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, Ltd. (NASDAQ:MCVT - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $7.45, but opened at $6.56. Mill City Ventures III shares last traded at $7.28, with a volume of 222,999 shares.

Mill City Ventures III Stock Down 3.8%

The business's fifty day moving average price is $2.99 and its 200 day moving average price is $2.24. The firm has a market capitalization of $587.02 million, a PE ratio of 37.50 and a beta of 1.03.

Mill City Ventures III (NASDAQ:MCVT - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported $0.06 earnings per share (EPS) for the quarter. Mill City Ventures III had a net margin of 38.13% and a return on equity of 6.37%. The firm had revenue of $0.78 million during the quarter.

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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