Mill City Ventures III (MCVT) Stock Price, News & Analysis

Company Overview

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. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc. Mill City Ventures III, Ltd. was founded in January, 2006 and is based in Wayzata, Minnesota.

Key Stats

• Today's Range: $2.03 to $2.21
• 50-Day Range: $1.94 to $3.56
• 52-Week Range: $1.86 to $3.88
• Volume: 21,815 shs
• Average Volume: 21,778 shs
• Market Capitalization: $14.02 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Mill City Ventures III Stock Analysis - MarketRank™

Mill City Ventures III scored higher than 26% of companies evaluated by MarketBeat, and ranked 798th out of 911 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mill City Ventures III.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mill City Ventures III is -27.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mill City Ventures III is -27.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mill City Ventures III has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.50% of the float of Mill City Ventures III has been sold short.

Short Interest Ratio / Days to Cover

Mill City Ventures III has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mill City Ventures III has recently decreased by 28.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mill City Ventures III does not currently pay a dividend.

Dividend Growth

Mill City Ventures III does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.50% of the float of Mill City Ventures III has been sold short.

Short Interest Ratio / Days to Cover

Mill City Ventures III has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mill City Ventures III has recently decreased by 28.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: N/A

News Sentiment

Mill City Ventures III has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mill City Ventures III insiders have not sold or bought any company stock.

Percentage Held by Insiders

26.52% of the stock of Mill City Ventures III is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.61% of the stock of Mill City Ventures III is held by institutions.

MCVT Stock Analysis - Frequently Asked Questions

How have MCVT shares performed this year?

Mill City Ventures III's stock was trading at $2.45 at the beginning of 2024. Since then, MCVT stock has decreased by 10.4% and is now trading at $2.1950.
View the best growth stocks for 2024 here.

How were Mill City Ventures III's earnings last quarter?

Mill City Ventures III, Ltd. (NASDAQ:MCVT) issued its quarterly earnings data on Wednesday, August, 14th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $0.89 million for the quarter. Mill City Ventures III had a negative net margin of 14.99% and a positive trailing twelve-month return on equity of 1.52%.

When did Mill City Ventures III's stock split?

Shares of Mill City Ventures III reverse split on the morning of Tuesday, August 9th 2022. The 1-2.25 reverse split was announced on Tuesday, August 9th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, August 9th 2022. An investor that had 100 shares of stock prior to the reverse split would have 44 shares after the split.

When did Mill City Ventures III IPO?

Mill City Ventures III (MCVT) raised $5 million in an IPO on Tuesday, August 9th 2022. The company issued 1,300,000 shares at a price of $4.00 per share. Alexander Capital L.P. served as the underwriter for the IPO.

How do I buy shares of Mill City Ventures III?

Shares of MCVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mill City Ventures III own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mill City Ventures III investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON), Jabil (JBL) and Builders FirstSource (BLDR).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Short - term business credit
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MCVT
• CUSIP: N/A
• CIK: 1425355
• Web: www.millcityventures3.com
• Phone: 952-479-1923
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,170,000.00
• Net Margins: -14.99%
• Pretax Margin: 2.92%
• Return on Equity: 1.52%
• Return on Assets: 1.50%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 21.82
• Quick Ratio: 21.82

Sales & Book Value

• Annual Sales: $2.11 million
• Price / Sales: 6.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.91 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 6,385,000
• Free Float: 4,692,000
• Market Cap: $14.02 million
• Optionable: Not Optionable
• Beta: 0.25