Mill City Ventures III, Ltd. (NASDAQ:MCVT) Director Laurence S. Zipkin Buys 5,500 Shares

Mill City Ventures III, Ltd. (NASDAQ:MCVT) Director Laurence S. Zipkin purchased 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of $1.88 per share, for a total transaction of $10,340.00. Following the acquisition, the director now owns 166,161 shares in the company, valued at approximately $312,382.68. The trade was a 3.42 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Mill City Ventures III Stock Down 0.3 %

NASDAQ MCVT traded down $0.01 during trading hours on Friday, hitting $1.91. The company had a trading volume of 209,122 shares, compared to its average volume of 101,448. The firm has a market cap of $12.22 million, a P/E ratio of -27.34 and a beta of 0.56. Mill City Ventures III, Ltd. has a fifty-two week low of $1.65 and a fifty-two week high of $3.88. The business has a fifty day simple moving average of $2.41 and a 200-day simple moving average of $2.29.

Mill City Ventures III (NASDAQ:MCVT) last released its quarterly earnings data on Monday, March 10th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $0.87 million for the quarter. Mill City Ventures III had a negative net margin of 12.15% and a positive return on equity of 1.44%.

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.