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

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

Mill City Ventures III Trading Down 3.6 %

NASDAQ:MCVT opened at $1.88 on Monday. The company has a market cap of $12.03 million, a price-to-earnings ratio of -26.91 and a beta of 0.56. Mill City Ventures III has a twelve month low of $1.65 and a twelve month high of $3.88. The stock has a fifty day simple moving average of $2.41 and a 200-day simple moving average of $2.31.

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.