Mill City Ventures III, Ltd. (NASDAQ:MCVT – Get Free Report) dropped 4.7% during trading on Tuesday . The company traded as low as $2.50 and last traded at $2.50. Approximately 194 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 4,788 shares. The stock had previously closed at $2.62.
Mill City Ventures III Price Performance
The business’s 50 day moving average price is $2.61 and its 200-day moving average price is $2.73. The firm has a market capitalization of $15.98 million, a price-to-earnings ratio of -13.16 and a beta of 0.11.
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.
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