Mill City Ventures III Ltd (NASDAQ:MCVT) concluded the trading at $2.83 on Wednesday, January 08 with a fall of -9.00% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $3.11 and 5Y monthly beta was reading 0.989 with its price kept floating in the range of $1.9 and $3.2919 on the day. Company’s P/E ratio for the trailing 12 months is 51.83. Considering stock’s 52-week price range provides that MCVT hit a high price of $3.88 and saw its price falling to a low level of $1.75 during that period. Over a period of past 1-month, stock came adding 48.17% in its value.
With its current market valuation of $18.07 million, Mill City Ventures III Ltd is set to declare its quarterly results in February. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
In contrast, when we review MCVT stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 50% Buy for it.
Digging deeper we become aware of the PEG ratio of the MCVT stock which is currently positioned at 0. It further provides that stock’s current price level is 36.70% away from its 20-day simple moving average and is 40.03% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 72.75 while volatility remained at 24.07% over the past week which changes to 8.21% when measuring it over the past month. Beta is valued at 0.94, while measure of average true range or ATR is currently at 0.25.
Having a second look at Mill City Ventures III Ltd (NASDAQ:MCVT) provides that stock’s average daily trading volume for 3 months was 42.87K, while it jumped to 382490 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 6.39 million.
The percentage of outstanding shares held by the insiders is 72.04% while it is 0.44% for the institutional holders. The figures also indicate that as of 2024-10-31, number of stock’s short shares was 6341.0 which implies a short ratio of 0.36. This shows down a 21.00 of Short Interest in company’s outstanding shares on the day. In October the standing of shares short improved as it was 9008.0 in the previous month. Addition of 44.96% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
