Mill City Ventures III (NASDAQ:MCVT) Announces Quarterly Earnings Results

Mill City Ventures III (NASDAQ:MCVT) announced its quarterly earnings results on Monday. The company reported $0.01 EPS for the quarter, Zacks reports. Mill City Ventures III had a positive return on equity of 1.44% and a negative net margin of 12.15%.

Mill City Ventures III Stock Performance

NASDAQ:MCVT opened at $1.88 on Monday. The company’s 50-day simple moving average is $2.41 and its 200-day simple moving average is $2.31. Mill City Ventures III has a fifty-two week low of $1.65 and a fifty-two week high of $3.88. The stock has a market capitalization of $12.03 million, a P/E ratio of -26.91 and a beta of 0.56.

Mill City Ventures III Company Profile

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.