Mill City Ventures III (NASDAQ:MCVT) Trading Down 0.6% – Should You Sell?

Shares of Mill City Ventures III, Ltd. (NASDAQ:MCVTGet Free Report) fell 0.6% on Monday . The stock traded as low as $1.55 and last traded at $1.57. 12,707 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 98,542 shares. The stock had previously closed at $1.58.

Mill City Ventures III Stock Performance

The company has a market capitalization of $10.00 million, a PE ratio of -22.37 and a beta of 0.72. The stock’s fifty day simple moving average is $1.60 and its 200-day simple moving average is $2.00.

Mill City Ventures III (NASDAQ:MCVTGet Free Report) last posted its quarterly earnings data on Monday, March 10th. The company reported $0.01 earnings per share for the quarter. Mill City Ventures III had a negative net margin of 12.15% and a positive return on equity of 1.44%. The business had revenue of $0.87 million during the quarter.

About Mill City Ventures III

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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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