Mills Music Trust (OTCMKTS:MMTRS) Announces Earnings Results

Mills Music Trust (OTCMKTS:MMTRS) announced its earnings results on Friday. The company reported $999.00 earnings per share for the quarter, Zacks reports.

Mills Music Trust Stock Performance

Shares of MMTRS remained flat at $26.00 during trading hours on Friday. 105 shares of the stock were exchanged, compared to its average volume of 27. The firm has a 50 day moving average price of $25.15 and a two-hundred day moving average price of $24.72. Mills Music Trust has a 52-week low of $21.00 and a 52-week high of $52.60.

About Mills Music Trust

Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue. EMI Mills Music Inc operates as an owner of the copyrighted materials contained in the catalogue. Mills Music Trust was founded in 1964 and is based in New York, New York.