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

Mill City Ventures III (NASDAQ:MCVT) announced its quarterly earnings results on Monday. The company reported $0.01 earnings per share 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 Price Performance

Shares of NASDAQ:MCVT opened at $1.81 on Tuesday. Mill City Ventures III has a fifty-two week low of $1.65 and a fifty-two week high of $3.88. The business has a 50-day moving average of $2.41 and a two-hundred day moving average of $2.31. The stock has a market capitalization of $11.56 million, a P/E ratio of -25.85 and a beta of 0.56.

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.