Mill City Ventures III, Ltd. (NASDAQ:MCVT - Get Free Report) Director Laurence S. Zipkin acquired 5,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $1.88 per share, with a total value of $10,340.00. Following the transaction, the director now directly owns 166,161 shares of the company's stock, valued at $312,382.68. The trade was a 3.42 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
Mill City Ventures III Stock Down 0.3 %
Mill City Ventures III stock opened at $1.91 on Friday. The business has a 50 day moving average price of $2.41 and a two-hundred day moving average price of $2.29. The stock has a market cap of $12.22 million, a price-to-earnings ratio of -27.34 and a beta of 0.56. Mill City Ventures III, Ltd. has a 12 month low of $1.65 and a 12 month high of $3.88.
Mill City Ventures III (NASDAQ:MCVT - Get Free Report) last issued its earnings results on Monday, March 10th. The company reported $0.01 EPS for the quarter. Mill City Ventures III had a positive return on equity of 1.44% and a negative net margin of 12.15%. The business had revenue of $0.87 million during the quarter.
About Mill City Ventures III
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
